Compass Group to acquire Vermaat Groep for €1.5bn.

Compass Group, a leader in food services, agreed to acquire Vermaat Groep, a premium food services business in Europe, for €1.5bn ($1.75bn). "We are proud to announce this landmark acquisition. Vermaat is a best-in-class food services business which will significantly strengthen Compass Group's premium offer across Europe and will provide us with exceptional leadership talent. This strategic acquisition represents a step change in our core markets by creating a strong platform for expansion across Europe," Dominic Blakemore, Compass CEO.