CONTRACT caterer
In an announcement, the
It is Compass's largest acquisition since 2019 when it picked up the Nordic caterer Fazer Food Services for €475m (£407m).
The firm has enjoyed success since the demand for socialising picked up after the pandemic, recently revealing an annual turnover just shy of £2bn.
CH&CO is headquartered in Reading and its clients comprise prominent cultural institutions, including the
"This proposed acquisition combines the best of the two companies: our shared passion for people, great food, and focus on sustainability.
"With CH&CO's strong brand identity and a broad geographic reach, we would be able to further enhance our customer proposition, helping us capitalise on the significant growth potential in the market."
Speaking on the deal,
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