The next chapter 6 December 2019 Lexington managing director Julia Edmonds on taking the helm at the boutique caterer and her people plans for the future
In this week's issue... The next chapter Lexington managing director Julia Edmonds on taking the helm at the boutique caterer and her people plans for the future
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Compass buys US firm

01 January 2000
Compass buys US firm

Compass, the contract catering group, has signed an agreement to acquire US catering company Restaurant Associates for £54m.

The deal will give Compass its first route into the "premium concession" sector in the USA, meaning are as where there is a captive audience, such as events, airports and shopping malls. Compass plans to expand the business, which currently holds a wide range of contracts, including the Carnegie Hall and events such as US Open Tennis and the Ryder Cup.

It predicts the first annual turnover for Restaurant Associates under Compass will be about £91m.

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