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01/2020

FAZER FOOD SERVICES acquired by COMPASS GROUP

FINLAND Facility Management / Contract Catering & FM Food EV 300M - 700M EUR

Context

Compass Group PLC has completed the acquisition of Fazer Food Services from Oy Karl Fazer AB. The transaction consolidates Compass Group's presence in the Nordic region, adding a highly regarded premium catering business to its portfolio. The deal structure includes an initial cash consideration followed by a deferred earn-out payable over seven years. As part of the integration, Compass Group agreed to license the "Fazer Food & Co" brand in Finland for three years to ensure a smooth transition. The acquisition was funded through existing cash and credit facilities.

FAZER FOOD SERVICES, which reported an EBITDA margin of in 2019, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Business Services sector (11.4x).

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Target

Fazer Food Services is a premier contract catering provider in the Nordic region. Formerly part of the Fazer Group, the company operates approximately 1,000 restaurants serving nearly 500,000 meals daily. It has a strong presence in Finland, Sweden, Norway, and Denmark, with a production kitchen in Estonia. The company serves clients across multiple sectors including Business & Industry, Education, Healthcare, Seniors, and Defence. Fazer Food Services is renowned for its focus on culinary innovation, sustainability, and high-quality seasonal ingredients.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2019
2018

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REFERENCES

Valuation range: EV 300M - 700M EUR

Revenue range: 450M - 900M EUR

EBITDA range: 25M - 50M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of FAZER FOOD SERVICES by COMPASS GROUP are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Target: fazer food services