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

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.