The acquisition is a significant step forward for Compass Group India. This strategic acquisition signifies a major step forward in the growth journey for Compass Group India. ICS Foods serves over 70 clients across multiple manufacturing sites in India.
Highlights
- Compass India Food Services Private Limited, part of Compass Group, acquires a majority stake in Delhi-based ICS Foods.
- ICS Foods, a leading food & beverage catering company, has over 70 clients across multiple manufacturing sites in India.
- The acquisition aligns with Compass Group India’s growth journey, focusing on high-quality, nutritious, sustainable solutions.
Compass India Food Services Private Limited, part of Compass Group, a world leader in food and facility management services, announces the acquisition of a majority stake in Delhi-based ICS Foods Private Limited (“ICS Foods”), a prominent food & beverage catering company with extensive experience in the manufacturing sector. This strategic acquisition signifies a major step forward in the growth journey for Compass Group India, the country’s largest and fastest-growing food services provider.
Founded in 1983, ICS Foods serves over 70 clients across multiple manufacturing sites in India.
Commenting on the acquisition, Vikas Chawla, Managing Director of Compass Group India, said, “We are thrilled to welcome ICS to the Compass Group India family. With the growth of the manufacturing sector in India riding on the back of initiatives like ‘Make-in-India’, this strategic move aligns perfectly with our growth journey. Combining Compass Group India’s presence and culinary prowess with ICS Foods’ proven expertise in providing food services to the manufacturing sector will further strengthen our position in this area while delivering high-quality, nutritious, and sustainable solutions that our clients and consumers truly value.”
Debashish Yadav, Chief Executive Officer of ICS Foods, commented, “We are incredibly excited to be a part of Compass Group India. This partnership presents an unparalleled opportunity to leverage our combined expertise in catering for the manufacturing sector. With this move, we will be able to significantly expand our reach and capitalize on the growth in India. We are confident that together we can deliver exceptional value to our clients, setting new benchmarks for service excellence in the industry.”
About Compass Group India
Compass Group India is a division of Compass Group and a global food and support services leader. Operating in 33 countries, Compass Group employs over 550,000 people and serves 5.5 billion meals annually worldwide.
Since 2008, Compass Group India has collaborated with clients and consumers in the workplace, education, and healthcare sectors to foster a happier, healthier, and more sustainable world. With operations in over 450 client locations across 45 cities in India, it delivers more than 750,000 meals daily. The company has received several accolades, including the ‘Most Admired Food Innovation of the Year Award’, the Coca-Cola Golden Spoon Award, and the “Business Leader of the Year” award.
About ICS Foods
ICS Foods, established in 1983, is a prominent contract catering company serving over 70 clients across 10 Indian states. With a dedicated team of more than 2,500 employees, ICS Foods provides over 160,000 meals daily. The company has catered to prestigious international events, such as the Delhi Commonwealth Games 2010 and the Badminton World Federation Tournament.
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