How it started
Origin
Compass Group has its origins in a company which was founded by Jack Bateman in 1941 as Factory Canteens Limited; subsequently, the company became known as Bateman Catering. Bateman Catering and Midland Catering were acquired by conglomerate Grand Metropolitan in 1967 and 1968 respectively and a management buy-out from Grand Metropolitan followed in 1987 when the Compass Group was formed.
Public listing
Compass Group was first listed on the London Stock Exchange in 1988. Eurest, one of the company's US subsidiaries, was launched in the United States in 1996 to provide dining services to local, regional and national companies within the business and industry markets, including employee dining centers, on-site catering, vending, executive dining, and other services.
Corporate growth
Compass Group purchased Morrison Management Specialists and then merged with Granada plc as part of a planned strategy to separate the media and catering interests of the latter. The two companies demerged in February 2001 to form Compass plc and Granada Media. It had become the world's biggest catering firm by 2005.
From Wikipedia’s article on Compass Group, shared under CC BY-SA 4.0.2