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Compass Group Canada Acquires Majority Stake in 18,000-square foot Assembly Chef´s Hall
Monday 02 December 2019

2 December 2019 – Canada-based Compass Group Canada has entered into a partnership to acquire a majority ownership stake in Toronto's 18,000-square foot Assembly Chef's Hall, an event venue and culinary destination that serves 2,500 guests each day, the company said.

Terms of the transaction were not disclosed.

The agreement between Compass Group Canada and Toronto restaurateur and entrepreneur Andreas Antoniou further solidifies the Chef's Hall as a premier, gourmet food destination.

As majority owner of Assembly Chef's Hall, Compass Group Canada brings experience in technology driven experiences, scaling businesses and providing purchasing power.

Compass Group Canada, a company of UK-based Compass Group PLC (LSE: CPG), is a foodservice and support services provider with over 25,000 associates working in more than 2,200 locations throughout the country.

The company specialises in providing foodservices and support services across the core sectors including leading sports and leisure venues, executive dining rooms and cafes, schools, universities, seniors' residences and hospitals as well as remote camps and off shore oil rigs. 

Assembly Chef's Hall is a chef-driven community market that offers upscale menus in a fast-casual setting.
Details
Date Published: 02/12/2019
Target: Assembly Chef, ´s Hall/majority stake
Country: Canada
Sector: Hotels/Restaurants/Casinos/Catering
Type: JV
Financing:
Status: Agreed
Vendor:
Buyer: Compass Group Canada
Comment:
Terms of the deal were not disclosed

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