Eurest drives off with £20m VW Bentley Porsche deal
Compass Group's Eurest has driven off rival caterers BaxterStorey, Elior and Graysons to snap up a catering contract with Volkswagen Group UK, estimated to be worth almost £20m.
The five-year deal will see the business & industry catering brand provide services at a number of Porsche UK, Bentley and Volkswagen offices, which were previously managed by the three separate operators. Industry experts estimate the combined business to be worth almost £4m a year in annual turnover.
Eurest said it will be investing more than £1.3m in the facilities as part of the new contract, which covers five locations. These include Bentley's headquarters in Crewe, formerly run by Elior; the Porsche Cars Great Britain headquarters in Reading, as well as the Porsche Experience Centre at Silverstone, both of which were BaxterStorey contracts; and the Volkswagen Group's Blakelands and Wymbush office locations in Milton Keynes, which were Graysons contracts.
The prestigious new business will be managed by a 70-strong Eurest team, which will look after around 6,000 customers across the five sites, delivering staff catering, hospitality, event catering and vending. Food courts that aim to showcase the latest food trends will be on offer to teams at Bentley and Porsche, while Volkswagen Group employees will see refurbishments made to existing restaurants, as well as new cafes introduced.
Commenting on the new contract, Eurest managing director Andy Barry described it as a "significant partnership".
"We pride ourselves on creating contemporary foodservice solutions from the tea-room to the board room - and everything in between," he said. "This contract is a true reflection of the scope of services we can offer and we have designed a bespoke solution to suit each brand's culture, catering requirements and demographic."
