About Compass
About CH&CO
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How will this affect me?
It will not affect you. There will be no change to your day-to-day role or our operations. It is business as usual. Ch&CO will continue to operate entirely independently until the regulatory process is concluded. First and foremost, the top priority on both sides is to continue to provide our clients and customers with consistent, high-quality service and support.
What is the reason for acquisition?
The proposed acquisition is an opportunity for us to gain new expertise and maximize our capabilities. We believe that if we combine our strengths with those of Ch&CO it could bring a multitude of benefits. Both our companies have rich heritages in the industry. Both have long been committed to providing our customers with best-in-class food and support services. Together we have the potential to create even more compelling and innovative solutions for our clients and customers, as well as a wider range of amazing opportunities for our talented people to further their careers.
What are the timeframes?
The proposed acquisition is subject to customary regulatory approvals. It is not anticipated that the proposed acquisition shall raise any competition concerns and we anticipate completion of all relevant regulatory processes within 3-6 months. Both businesses will continue to operate independently until completion of the proposed acquisition.
Where can I find more information?
Due to the legal regulatory process, we’re unable to say anything further at this stage. We’ll update you as soon as we’re able