US Edition
Caterer Compass Buys Vermaat for €1.5 Billion
NETHERLANDS, JUL 22 – Compass Group's €1.5 billion acquisition of Vermaat Groep boosts its European market presence with Vermaat's nearly 20% annual growth and sales forecast of €700 million in 2025.
- On 22 July 2025, Compass Group agreed to acquire Dutch premium foodservice operator Vermaat for about €1.5 billion, marking its largest-ever deal.
- The acquisition follows Compass's strategy to expand in Europe after strong organic growth of 8.5% in the quarter ending 30 June and rising full-year guidance.
- Vermaat serves over 200,000 daily food consumers across 700+ locations, including museums and offices, and is on track to generate €700 million in sales this year.
- Compass CEO Dominic Blakemore called the purchase a 'landmark acquisition' providing a strong platform for European expansion and exceptional leadership talent.
- Compass raised its profit forecast to 8% growth this year and expects underlying earnings growth near 11%, indicating confidence in capturing further market share despite some financial risks.
Insights by Ground AI
Does this summary seem wrong?
17 Articles
17 Articles
Chances are you've bought a sandwich or cup of coffee at Vermaat, even if the name doesn't ring a bell. It's one of the largest caterers in…
·Netherlands
Read Full Article
Dutch caterer Vermaat acquired for €1.5 billion by British group Compass
The British catering company Compass Group is acquiring the Dutch catering firm Vermaat Groep from British investor Bridgepoint. Compass is paying around 1.5 billion euros in the deal. Vermaat provides catering for companies and has restaurants in hospitals. The company also the La Place restaurants along with the supermarket chain Jumbo and is the owner of the store chain STACH.
Coverage Details
Total News Sources17
Leaning Left3Leaning Right1Center2Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 33%
R 17%
Factuality
To view factuality data please Upgrade to Premium
