Tuesday, October 15, 2024
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RKHS buys back Compass Group’s stake

by Admin
0 comment

Radhakrishna Hospitality Services Ltd (RKHS), a company providing food & hospitality solutions, facilities management and vending solutions, has through its affiliates acquired Compass Group Plc’s 50% stake in RKHS. This buy back has been agreed by mutual consent and will not affect the business operations with clients, customers, suppliers and associates. The Management team and personnel of RKHS will remain unchanged. The Compass Group, which provides food and a range of selected support services to customers in the workplace, schools, colleges, hospitals and at leisure or in remote environments, will conduct business in India on its own account with immediate effect.

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