logo
Share SHARE
FONT-SIZE Plus   Neg

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 RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
HSBC is reportedly laying off about 100 of its senior investment bankers worldwide, as the banking giant strives to curb operating costs. According to reports, the London-headquartered bank will eliminate managing director and director level employees at the Global Banking and Markets division, as... Samsung Electronics Co., Ltd. (SMSN.L, SSNNF.OB, SSNLF.OB) will reportedly blame faulty batteries for last year's Galaxy Note 7 fiasco. According to a Wall Street Journal report, Samsung's investigation of Galaxy Note 7 smartphones found that some batteries were irregularly sized while others had... Federal investigators have closed their probe of a fatal crash that involved a Tesla Motors Inc. car eight months ago. The regulators said they have found no safety defects in the vehicle's automated driving system and that Tesla's Autopilot-enabled vehicles did not need to be recalled.
comments powered by Disqus
Follow RTT