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Granada Compass

Granada Compass is planning to double its share of the outsourced global catering market over the next five years, and has also confirmed plans to demerge its media operations in February. 14-Dec-2000

Granada Compass is to close the Granada catering accounts centre in Stockport in 2002 with the loss of 250 jobs, in order to transfer the work to the Compass centre in Birmingham. 13-Dec-2000

Granada Compass has won a five-year catering contract from Sainsbury that will involve taking over the staff restaurants at 427 supermarkets. 13-Dec-2000

De Vere is to buy London's Cavendish Hotel from Granada Compass for £60m, and is now considering plans to sell its Tavern drinks wholesaling business. 07-Dec-2000

Granada Compass has acquired Beaver Foods, the Canadian contract caterer, for £67m. 03-Nov-2000

Granada Compass has put its hotel operations up for sale following the termination of talks with Accor, and expects to raise at least £3.5bn. 17-Oct-2000

Granada Compass is acquiring a 49% stake in Levy Restaurants, the US catering company, for £53m. 28-Sep-2000

Granada Compass is in discussions to sell its hotel portfolio to Accor for about £3bn. 20-Sep-2000


The information on this page comes from the UK Activity Report.
Click here for further details












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