Amazon Opens First Ever Hospital-Located ‘Just Walk Out’ Store
The Shrewsbury and Telford Hospital NHS Trust has opened the world’s first checkout-free store using Amazon’s Just Walk Out technology in a healthcare...
Read Full ArticleHost Management and Catermasters have just announced a merger that will create a company called HCM Group in a deal which gives the new business a turnover in excess of £60million, 240 operations, 1,500 employees - and the expectation of increased profits.
Catermasters was established by Nigel Johnson and Richard Moody in 1989 and the company is now a national caterer, operating across 120 sites and with a team of over 550. Host Management was established in 2004 and is now headed up by Chief Executive Bill Toner. Host also has 120 operations across the UK and Ireland and a team of 1,000. The new HCM Group operates in multiple sectors including general business & industry, conference facilities, leisure, independent schools, further and higher education and the healthcare sector.
The new company will be headed up by Bill Toner as Chief Executive Officer with Nigel Johnson taking the role of Deputy CEO. Both leaders are strong characters but according to Johnson, Bill Toner was the natural choice for CEO: “Bill has a huge amount of experience of growing catering companies to a significant size and therefore our newly merged company will use his skills to the full. Given the size of our combined business, we now have the very exciting prospect to create focused B&I, education, leisure and healthcare divisions, which will be the team’s top priority in the coming months. Bill and I will be working closely on capitalising on these new opportunities.”
Catermasters other founder, Richard Moody, has been less involved in the business over recent years and as a result of the merger has sold his remaining shares to HCM Group but he will continue to be involved as a consultant. Meanwhile, Catermasters Joint Managing Director, Tony Carr, will continue to manage that business.
Toner added: “Our companies have an excellent track record of client retention and organic growth and we’ve also both enjoyed successful expansion through acquisition – Catermasters, with its purchase of the City based In House Catering Company in 2008 and Bite in 2013 and Host’s acquisition of caterers Couture and Juice for Life in 2012 and the Style Services business in 2013.”
Both companies’ recent acquisitions have enabled them to win successful tenders for larger contracts in all parts of the country. Last year, Host was awarded the SSE group contract adding £20m turnover over a five-year contract, also taking it for the first time into Ireland. Its catering contract at Salford Royal NHS Foundation Trust also added £10m over a five-year contract and in July, Host announced its largest contract win to date for the eight-year, £16m turnover, Spectrum Leisure Complex in Guildford. So far this year, Catermasters has won over £6m worth of business, including Freeman UK, University of Law, Holiday Lettings, and a major five-year contract for the UK headquarters in London of global marketing and communications firm, Young & Rubicam.
Article written by Brian Shillibeer | Published 04 August 2014
The Shrewsbury and Telford Hospital NHS Trust has opened the world’s first checkout-free store using Amazon’s Just Walk Out technology in a healthcare...
Read Full ArticleOffice lunches provided by Just Eat for Business will now contain labels rating its carbon impact from very low to very high. The new labels are intended to help raise...
Read Full ArticleResearch from Compass Group shows that six in ten UK hybrid workers said they tend to work longer hours when working from home. The survey of 35,000 workers across 26...
Read Full ArticleSodexo has extended its existing FM deal with Clifton College in Bristol, adding cleaning and laundry services to the contract. The contract, which has a value of...
Read Full ArticleMedirest, part of Compass Group, has signed a three-year FM and catering contract with Moorfields Eye Hospital NHS Foundation Trust. Over 100 staff members will...
Read Full Article14forty, Compass Group’s IFM business, has been named Highly Commended at the Global FM Awards of Excellence 2023 for its approach to workplace catering. The...
Read Full ArticleThe Defence, Marine & Aerospace sector of ESS, part of Compass Group, is partnering with the MOD Vegan & Vegetarian Network with the joint objective of ensuring...
Read Full ArticleResearch from Compass Group shows that younger generations of workers across the UK are demanding workplace change more than any other demographic, and are willing...
Read Full ArticleChat GPT has received significant attention in the field of natural language processing (NLP) due to its ability to generate human-like text and perform various...
Read Full ArticleContract caterer Eurest has partnered with the University of Oxford to examine whether workers can be influenced to buy sustainably based on the food choices of their...
Read Full Article