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Compass Group buys European catering firm Vermaat for €1.5 billion, its largest acquisition.
Compass Group, the world's largest catering company, has agreed to buy Vermaat Groep for €1.5 billion, its biggest acquisition yet.
Vermaat operates in premium locations across Europe, including museums and art galleries.
This deal comes after Compass reported an 8.6% revenue growth in the third quarter and has raised its annual profit forecast due to strong market demand, especially in North America.
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Compass Group compra la empresa europea de catering Vermaat por 1.500 millones de euros, su mayor adquisición.