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Compass buys US soft support service group for £45m

Compass buys US soft support service group for £45m

Compass Group has today announced the US$65m (GB£45m) acquisition of Southeast Service Corporation (SSC), a US provider of soft support services operating in the education and business and industry sectors.

Richard Cousins, chief executive of Compass Group, said: "Building on the success of our significant education foodservice business, this acquisition enables us to extend the range of services we provide in this important sector.

"In addition to this it further strengthens our business & industry soft support service offer in North America."

Revenue at SSC in the year to 31 December 2009 was US$153m (GB£106m).

Founded in 1969, SSC has over 6,500 employees and more than 1,000 clients in 36 states. Its corporate headquarters are in Knoxville, Tennessee.

Compass buys French caterer Caterine Restauration >>

Compass sitting pretty on £600m as Elmo departs >>

Compass appoints Andy Barry managing director of Eurest's food service arm >>

By Janie Stamford

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