October 1, 2015
Avendra Acquires BuyEfficient
Avendra, a leading procurement services provider located in Rockville, and serving the lodging and hospitality industries, announced that effective immediately it has acquired BuyEfficient, an online purchasing program dedicated to serving the hospitality industry, from its parent company, Sunstone Hotel Investors, Inc.
“This acquisition reflects Avendra’s strength in the market and is another major step in our long-term strategy to grow our business by investing in new and innovative solutions and service offerings to benefit our customers,” said Wolfram Schaefer, Avendra President and Chief Executive Officer.
For the complete press release click here.