logo
Plus   Neg
Share
Email

Compass Group Buys NKS Kabushiki Kaisha

Compass Group PLC (CMPGF.PK,CPG.L) acquired NKS Kabushiki Kaisha Ltd and associated companies from its Chief Executive Yamamoto.

NKS is a provider of food services, mainly to the healthcare sector, in Japan. The business is based in Tokyo, operating around 200 units with over 1,200 staff.

The acquisition is expected to strengthen Compass' presence in expanding healthcare sector and, in particular, in senior living.

The company added that for the year ended March 31, 2011, NKS had revenues of JPY 6.4 billion and gross assets of JPY 4.7 billion.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Shortly after announcing a racial bias training for the staff, Starbucks revealed its changed policy of allowing anyone to use its spaces, rest rooms, cafes and patios even without buying anything from the stores. The new policy will be consistent all across U.S. stores. Tesla Inc.'s CEO Elon Musk has revealed new specifications and options for its Model 3 electric car, including a high-end version of the sedan that will cost around $78,000. In a series of posts on Twitter Saturday night, Musk said that the Model 3 will be available in two versions, with dual motors and all-wheel drive in July. Musk also made an announcement regarding a new service program. Billionaire entrepreneur Elon Musk on Thursday showed off his concept for the Loop, a high-speed underground public transportation system that will carry up to 16 people and travel at 150 miles per hour. At the Boring Company Information Session, Musk and project leader Steve Davis provided details of the underground mass transit tunnels that the Boring Co. plans to build beneath Los Angeles.
Follow RTT