Compass Group Finalises Deal to Acquire CH&CO

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30 April 2024

Compass Group UK & Ireland has completed the deal to acquire the catering company, CH&CO. 

As part of the deal, catering brands Gather & Gather, Vacherin and Company of Cooks will join Compass’ group of companies. CH&CO employs 10,000 people supporting over 900 clients across 1,000 locations.

Bill Toner will stay on as CH&CO’s CEO, with Allister Richards, CH&CO’s COO joining the Compass Group UK & Ireland Executive Team. The wider CH&CO senior management team will also remain in place.

In January 2024, CH&CO reported annual revenues of c. £450 million/$570 million.

Commenting on the deal Robin Mills, CEO, of Compass Group UK & Ireland said: “I am delighted that CH&CO is joining Compass. I have really enjoyed meeting CH&CO colleagues in recent weeks and learning more about the business. Our passion for great food is what unites us. We highly value the heritage of each of our individual businesses and as we grow will continue to nurture their specific identity, culture and expertise. Our world-class group of companies will give more choice to our clients and customers.

“I am so proud to be part of all we have already achieved and as we bring our two well-known and respected names together, we are committed to being a force for good in the industry.”

Bill Toner, CEO, CH&CO added: “It’s fantastic that the deal has now been completed. It’s so exciting to watch our team continue to evolve. Not only are we joining the number one caterer in the UK, but globally too.

“I am hugely proud of the business CH&CO has become over the past 30-plus years, and I’m delighted that it’s found a home for its next chapter at Compass. I am looking forward to working closely with our new colleagues as we begin the transition, and ensuring our teams and clients capitalise on the opportunities available to them.”

Allister Richards, COO, CH&CO concluded: “Hospitality is all about the generosity of spirit, bringing people together, sharing great ideas, and fantastic food and service. This is at the heart of the CH&CO culture and proposition and something our people do exceptionally well. It’s incredibly exciting that in the next chapter of our growth journey as part of Compass’ group of companies, our teams will have the opportunities and support to develop and continue to do this even bigger and better.” 

Picture: a photograph of, from left to right, Allister Richards, Robin Mills and Bill Toner. Image Credit: Compass Group 

Article written by Ella Tansley | Published 30 April 2024

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