Compass Group PLC
The group is owned 75% by Compass Group PLC and 25% by Thebe Investment Corporation. The Compass Group PLC is one of the largest food services and facilities company in the world, operating in over 50 countries and providing services in over 30,000 client locations.
Compass Group was originally founded by Jack Bateman in 1941 as Factory Canteens Limited and subsequently then became known as Bateman Catering. Compass Group was first listed on the London Stock Exchange in 1988. Eurest, one of the company's U.S. subsidiaries, was launched in the United States in 1996 in order to provide dining services to local, regional and national companies within the business and industry markets which includes employee dining centres, on-site catering, vending, executive dining rooms and other managed services.
As a FTSE 100 listed company, Compass Group PLC is a world-leading food and support services company operating and has been for over 70 years with a presence in 50 countries and employing over 550,000 people.
Compass Group PLC Market Influences
Various factors influence The Compass Group PLC's share price. These include interest rates, taxation and consumer spending as well as technological developments.