The Leading News & Information Service For The Facilities, Workplace & Built Environment Community

Compass Group Finalises Deal to Acquire CH&CO

Compass Group Finalises Deal to Acquire CH&CO
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


Related Articles

Compass Group Agrees to Acquire CH&CO

Compass Group UK & Ireland has proposed to acquire the food business CH&CO. The deal is for an initial enterprise value of £475 million, with the...

 Read Full Article
Levy Extends Partnership With Sheffield United Football Club

Catering and hospitality company Levy UK + Ireland has extended its partnership with Sheffield United Football Club with a ten-year catering contract. Levy will...

 Read Full Article
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 Article
6/10 UK Hybrid Employees Work Longer Hours When Working From Home

Research 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 Article
Medirest Awarded Catering and FM Contract at Moorfields Eye Hospital

Medirest, 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 Article
Eurest Joins with University of Oxford to Study Lunch Choice Psychology

Contract 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
Royal Surrey Hospital Awarded ‘Exemplar’ Site Status for Cleaning Standards

Medirest, the healthcare division of Compass Group, has been recognised for its early implementation of the 2021 National Standards for Cleaning at the Royal Surrey...

 Read Full Article
Equinoxe Solutions Acquired By Compass Group

Compass Group UK & Ireland has acquired Equinoxe Solutions, which will sit within Foodbuy, Compass’ procurement business. Equinoxe Solutions, based in Essex,...

 Read Full Article
Leadec Acquires Partners in Hygiene

Leadec, the global service specialist for factories, has acquired Partners in Hygiene, a UK-based service provider for the food industry. This move...

 Read Full Article
Birmingham Office Refit for Compass Group Companies 

Compass Group has invested in its Birmingham workspace for Eurest and 14forty employees, in a refurbishment focussed on wellbeing and nutrition. Employees at caterer...

 Read Full Article