Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

Compass Group buys Elior Nederland

22 March 2011 by
Compass Group buys Elior Nederland

Compass Group, the world's largest foodservice company, has announced the acquisition of French caterer Elior's business in Holland.

Elior Nederland, which had revenues of €95.5m (£83m) for the 12 months to 30 September 2010, has been bought by Compass Nederland for an undisclosed sum.

The gross assets at that time were €28.3m (£24.6m).

Richard Cousins, Compass Group CEO, said: "The acquisition provides an excellent opportunity for Compass Group to expand its existing presence in this important market".

Elior Nederland is an established foodservices business, based in Amsterdam and operates in the B&I, Education and Healthcare sectors.

The completion of the transaction is conditional on clearance by the Netherlands Competition Authority.

Compass Group continues on international spending spree >>

Compass buys Australia's Life's A Party Group >>

Compass acquires IDA Service for £17m >>

By Janie Stamford

E-mail your comments to Janie Stamford here.

If you have something to say on this story or anything else join the debate at Table Talk - Caterer's new networking forum. Go to www.caterersearch.com/tabletalk

Caterersearch.com jobs

Looking for a new job? Find your next job here with Caterersearch.com jobs

[Newsletters For the latest hospitality news, sign up for our e-mail newsletters.
The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

close

Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking