Compass Group PLC, UK, announced plans to acquire Fazer Group, Finland.
Fazer Food Services is a food catering business across several sectors, including business and industry, education, healthcare, seniors and defense, with operations in Finland, Sweden, Norway and Denmark,
Fazer’s foodservice focus on food and culinary innovation will further strengthen Compass Group’s ability to create more innovative solutions. The two companies share a clear focus on high-quality food, outstanding customer service and a commitment to sustainability.
“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,” says Dominic Blakemore, chief executive officer of Compass Group. “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.”
“We believe Compass will provide a great home for Fazer Food Services. It is a leading foodservice business with a global reach and a strong purpose. Our two companies share similar values with a clear focus on food, outstanding customer service and a commitment to people. Whilst we are sad to see many of our colleagues leave Fazer Group to join Compass, we believe this acquisition will allow Fazer Food Services to achieve its full potential,” adds Christoph Vitzthum, president and CEO of Fazer Group.