Compass Group India takes a significant step forward with the acquisition of a majority stake in Delhi-based ICS Foods, a leading food & beverage catering company serving over 70 clients across multiple manufacturing sites in India. This strategic move aligns perfectly with Compass Group India’s growth journey, focusing on high-quality, nutritious, and sustainable solutions.
Vikas Chawla, Managing Director of Compass Group India, expressed his excitement about the acquisition, stating, “We are thrilled to welcome ICS to the Compass Group India family. Combining Compass Group India’s presence and culinary prowess with ICS Foods’ proven expertise in providing food services to the manufacturing sector will further strengthen our position in this area.”
Debashish Yadav, CEO of ICS Foods, also shared his enthusiasm about the partnership, saying, “We are incredibly excited to be a part of Compass Group India. With this move, we will be able to significantly expand our reach and capitalize on the growth in India.”
Compass Group India, a division of Compass Group and a global food and support services leader, has been collaborating with clients and consumers in various sectors to foster a happier, healthier, and more sustainable world. With operations in over 450 client locations across 45 cities in India, Compass Group India delivers more than 750,000 meals daily.
Established in 1983, ICS Foods is a prominent contract catering company serving over 70 clients across 10 Indian states. With a dedicated team of more than 2,500 employees, ICS Foods provides over 160,000 meals daily and has catered to prestigious international events.
In conclusion, the acquisition of ICS Foods by Compass Group India marks a significant milestone in the growth journey of both companies, highlighting their commitment to providing quality food services in the manufacturing sector. This partnership is expected to deliver exceptional value to clients and consumers, setting new benchmarks for service excellence in the industry.
