Levy Restaurants has teamed up with the Welsh Rugby Union Group (WRU Group) to create a new company to provide catering, conferencing and hospitality services at the Millennium Stadium in Cardiff.
The new venture, dubbed Millennium Stadium Experience (MSEL), aims to marry the strengths of WRU Official Hospitality and Compass Group's sports, leisure and hospitality division.
MSEL is 83.5% owned by the WRU Group and 16.5% by Compass Group UK & Ireland, which has been sole caterer at the stadium since it opened in 1999 before becoming a Levy Restaurants venue in 2012.
Colin Bailey, managing director of Levy Restaurants UK, said the new venture was testament to the success of the caterer's partnership with the Millennium Stadium team to date.
"This will be taking the best of our expertise to further enhance the guests' experience when they visit the stadium," he said.
Steve Phillips, chairman of MSEL, also commented: "This is an exciting venture for all involved as we work together to deliver an exceptional service for our guests while establishing a sound business strategy for the future."
MSEL will be based at the revamped hospitality headquarters inside the Millennium Stadium.