Compass Group acquires Tirumala Hospitality Services in India
By ANITuesday, August 17, 2010
New Delhi, Aug.17 (ANI-Business Wire India): The Compass Group today announced acquisition of Tirumala Hospitality Services Private Limited (”THS”‘) from Ramkrishna Mankari and his family.
THS is a strong regional player in the foodservice industry in Western India, specialising in catering services to the business and industry sector.
The gross assets of the business acquired are Rupees 105.2 million as on March 31, 2010.
Compass Group is the world’s leading foodservice company and specializes in providing food, vending and related services on our clients’ premises.
It has generated annual revenues of over 13 billion pounds in the year to September 30, 2009.
The company operates across the following core sectors of business and industry, defence, offshore and remote sites, healthcare, education, sports and leisure and vending with an established brand portfolio. (ANI)
