UNITED STATES - A foodservice acquisition has taken place as Compass Group UK & Ireland has completed the acquisition of CH&CO, a foodservice provider. The deal was announced earlier in January and just recently received regulatory approvals.
“I am delighted that CH&CO is joining Compass. I have really enjoyed meeting CH&CO colleagues in recent weeks and learning more about the business. Our passion for great food is what unites us,” stated Compass Group UK & Ireland Chief Executive Officer Robin Mills. “We highly value the heritage of each of our individual businesses and as we grow will continue to nurture their specific identity, culture, and expertise. Our world-class group of companies will give more choice to our clients and customers.”
The integration with the Compass Group is expected to provide increased supply chain security and accelerate innovation.
According to a report from Yahoo!Finance, CH&CO's portfolio of brands includes Gather & Gather, Vacherin, and Company of Cooks, and operates across workplace catering, events, venues, visitor attractions, stadiums, education, healthcare, and hospitality.
Bill Toner will continue as CH&CO’s Chief Executive Officer. Its senior management team will also remain in place.
“It’s fantastic that the deal has now been completed. It’s so exciting to watch our team continue to evolve. Not only are we joining the number-one caterer in the U.K., but globally too,” said Toner. “I am hugely proud of the business CH&CO has become over the past 30-plus years, and I’m delighted that it’s found a home for its next chapter at Compass.”
ANUK will keep you in the loop on all things related to foodservice, so stay tuned!
