Compass acquires Swedish food service group

3rd May 2011 07:11

Catering giant Compass has added to its overseas operations with the acquisition of a food service business in Sweden.It will pay 16m (£1.6m) SEK for BGP Resurs, which is based in northern Sweden and serves business, industry and leisure sectors. BGP posted revenues of 26.5m SEK in 2010."The acquisition of BGP provides a valuable platform from which to grow our food service business in the north of Sweden," said Compass.Compass also reported that it has received clearance for its acquisition of the Dutch food service operations of hospitality and facilities management group Elior.Earlier in the month Compass acquired two catering companies in India, while last month it announced two acquisitions in the US. RG