UK: Compass will sell hotels to McDonald’s, Bank of Scotland JV
UK contract caterer, the Compass Group, has revealed that its Heritage Hotel chain will be sold to a joint venture established between US fastfood behemoth McDonald's and the Bank of Scotland. Compass, which demerged from Granada earlier this year, is expected to make £230m from the disposal, and intends to focus more narrowly on its catering business following the sale.
UK contract caterer, the Compass Group, has revealed that its Heritage Hotel chain will be sold to a joint venture established between US fastfood behemoth McDonald’s and the Bank of Scotland.
Compass, which demerged from Granada earlier this year, is expected to make £230m from the disposal, and intends to focus more narrowly on its catering business following the sale.
McDonald’s and the Bank of Scotland face some competition in their bid for the hotel chain, from private company Hand Picked Hotels.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Nominations are now closed for the Just Food Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
Excellence in Action Winning five categories in the 2025 Just Food Excellence Awards, Centric Software is setting the pace for digital transformation in food and FMCG. Explore how its integrated PLM and PXM suitedelivers faster launches, smarter compliance and data-driven growth for complex, multi-channel product portfolios.
