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Compass Group agrees to buy Fazer Food Services

The deal has been valued for around €475 million

Finnish Fazer Group has agreed to sell Fazer Food Services, a premier food service provider in the Nordic region and Russia, to Compass Group. The deal has been agreed for around €475 million, and marks Fazer Group’s commitment to focusing on strategy and growth prospects. Compass Group is a global food service provider with revenues of around €26 billion. It operates in around 45 countries, emplo...

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EFA News - European Food Agency