Compass Group

Name Compass Group PLC Abbreviation COMPASS Home Country UK (OECD member) Sector Hotel, Restaurant and Catering
Description
Compass Group is the world's second-largest food service company (behind Sodexho Alliance), with operations in more than 70 countries. It provides contract catering and concession services at airports, hospitals, rest areas, and schools. Compass also operates some 5,000 restaurants such as Upper Crust and Ritazza, and franchises a number of Burger King and TGI Friday outlets. The company also provides corporate food services for clients like France Telecom, Ford, and IBM.

In 2000 Compass merged with UK hospitality giant Granada Group. But the new Granada Compass decided to demerge in 2001, making Compass Group public again. Compass then sold the leftover Le Méridien hotel chain to Japanese investment firm Nomura International.

In April 2001 Compass acquired Morrison Management Specialist Inc – second largest US health care food services company. In August 2001, Compass acquired Crothall Services Group which provides housekeeping, portering and laundry services in the health care sector. Both these acquisitions strengthen the position of Compass in the health care market.

Stock Exchange Listing(s) London Stock Exchange

Contact Information

Address Cowley House
Guildford Street
CHERTSEY, SURREY
KT16 9BA
Telephone 01932-573000
Fax 01932-569956 Company Website http://www.compass-group.com