Caterer Compass raises profit forecast, buys Vermaat in $1.8 billion deal
22/07/2025 07:05
July 22 (Reuters) - British food catering firm Compass Group CPG.L raised its annual profit forecast on Tuesday, boosted by acquisitions and a strong third quarter. The world's largest catering group also agreed to buy European premium food services business Vermaat Groep for about 1.5 billion euros ($1.75 billion) including debt. ($1 = 0.8558 euros) (Reporting by Yadarisa Shabong in Bengaluru; Editing by Subhranshu Sahu) ((Yadarisa.Shabong@thomsonreuters.com; +91 9742735150;))