Catering giant Compass has bought out Castle Independent, a school meals company with an annual turnover of £30m (US$42.9m), for an undisclosed sum.
Castle Independent, a subsidiary of contract caterer Castle View, employs around 2,500 staff and will continue to be run as a separate business to Compass. It will however benefit from group purchasing and administration.
The company has contracts for 39 independent schools, 12 local authority schools and five Private Finance Initiative projects across the UK.
Castle View completed the sale because it wants to focus on its £50m a year core business in the leisure and business and industry sectors.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData