Acquisition

RNS Number : 3293K

Compass Group PLC

13 July 2011

 



Compass Group Completes Acquisition of Remaining 50% of Sofra, Turkey

We announced on 18 May 2011 that Compass Group had agreed to acquire the remaining 50% of the issued share capital which it did not already own in its Turkish joint venture Sofra Yemek Üretim ve Hizmet Anonim Şirketi, 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 has completed today.

-Ends -

Notes to editors:

About Compass Group PLC

Compass Group is a world leading foodservice company. We specialise in providing food, vending and related services on our clients' premises and we generated annual revenues of £14.5 billion in the year to 30 September 2010. The company operates across the following core sectors of Business & Industry, Defence, Offshore & Remote Site, Healthcare & Seniors, Education and Sports & Leisure with an established brand portfolio. For more information visit www.compass-group.com. 

Enquiries:

Investors/Analysts & Media                                     Sarah John                      [phone]

Website:                                                                 www.compass-group.com

 

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