Acquisition

RNS Number : 4459P
Compass Group PLC
03 October 2011
 



 

 

 

3 October 2011

 

Compass Group Completes Acquisition of Obasan in Turkey

 

We announced on 3 August 2011 that Compass Group had agreed to acquire the entire issued share capital of Obasan Gıda İnşaat Sanayi ve Ticaret Anonim Şirketi ("Obasan"), subject to obtaining clearance from the board of the competition authority of the Republic of Turkey. We are now pleased to confirm that the necessary clearance has been received and the acquisition completed on 3 October 2011.

 

 

 

 

-Ends -

 

Notes to editors:

 

 

About Compass Group PLC

 

Compass Group is a world leading food and support services company, which generated annual revenues of £14.5 billion in the year to 30 September 2010. It operates in around 50 countries, employs over 430,000 people and serves over 4 billion meals every year. The company specialises in providing food and a range of support services across the core sectors of Business & Industry, Defence, Offshore & Remote Site, Healthcare, Education, Sports & Leisure and Vending with an established brand portfolio. For more information, please visit www.compass-group.com.

 

 

Enquiries:

 

Investors/Analysts                               Sarah John / Kate Patrick                    +44 (0)1932 573000

 

Media                                                    Clare Hunt                                            +44 (0)1932 573000

 

Website:                                             www.compass-group.com

 


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