Compass Group’s $600m Acquisition of CH&CO
Compass Group acquires CH&CO for $603.73 million, marking its largest European deal, aiming to expand its global catering services footprint.
Continue ReadingFOOD & BEVERAGE INDUSTRY NEWS
Compass Group acquires CH&CO for $603.73 million, marking its largest European deal, aiming to expand its global catering services footprint.
Continue ReadingGrupo Bimbo Announces Closure of Albuquerque Bakery Impact on Workforce: 149 Employees to be Affected by Plant Shutdown In a significant move, Grupo Bimbo, the Mexican bakery conglomerate, has announced its decision to cease operations at its Albuquerque plant, the only facility it operates in New Mexico. This closure, set to happen by April, will […]
Continue ReadingKentucky Fried Chicken (KFC), a Yum! Brands subsidiary, has announced the appointment of Thuthuka Nxumalo as the new Chief Operations Officer (COO) for its US operations. Nxumalo is set to take up his new role on February 5. A Proven Leader for KFC’s Operations Tarun Lal, President of KFC US, praised Nxumalo’s extensive experience and […]
Continue ReadingSodexo appoints Rohit Bahety as CFO for North America, ensuring smooth transition with former CFO Sébastien de Tramasure’s guidance.
Continue ReadingSodexo reports a rise in plant-based meal consumption, with a commitment to offer 33% vegan options in its menus by 2025 for sustainability.
Continue ReadingSysco pledges to stop buying seafood from Chishan Group following allegations of forced labor, reinforcing its commitment to ethical sourcing practices.
Continue ReadingSodexo Secures Significant Contract Extensions in UK and Ireland Sodexo, a leading global catering company, has successfully renewed several major contracts across the United Kingdom and Ireland, solidifying its presence in these regions. These extensions, encompassing various government and police authorities, reinforce Sodexo’s position as a key player in the catering industry. Combined Value of […]
Continue ReadingSysco Ireland Announces Intent to Buy Ready Chef Sysco Ireland, a major player in food service distribution, has made a move to purchase Ready Chef, known for its specialty in fresh produce. This deal is currently pending regulatory approval. Ready Chef, a supplier of fresh and prepared fruits and vegetables, plays a significant role in […]
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