.
MergerLinks Header Logo

New Deal


Announced

Completed

Compass Group completed the acquisition of Fazer Food Services for €475m.

Financials

Edit Data
Transaction Value£423m
Consideration TypeContingent Deferred Consideration, Cash
Capital Owned-
Capital Bid For100%
EV/Sales0.8x
EV/EBITDA11.9x
Share Price Premium-
One Off Charge-

Tags

Edit

Estonia

Vending and Catering Service

Acquisition

catering services

Private

Completed

Single Bidder

Majority

Friendly

Synopsis

Edit

Compass Group, a global foodservice company, completed the acquisition of Fazer Food Services, a premier food service provider in the Nordics, for €475m ($537m). The cash consideration is estimated to be €420m ($475m), with the remaining deferred consideration payable within seven years. "Fazer Food Services is a highly regarded foodservice business in the Nordic region, and like Compass, is focused on high-quality food, culinary innovation, sustainability, and great customer service. I am excited that, together with our existing colleagues in the region, we will be able to further enhance our customer proposition in the Nordic market," Dominic Blakemore, Compass Group CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US