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Eurest Dining Services history
Eurest Dining Services company history timeline
Compass Group's domination of the global foodservice industry was in full swing by 1996.
By the end of the year Compass Group's stock value had quadrupled since its introduction a decade earlier, and profits had increased by 14 percent to £54.3 million from 1997.
In 1998 the playing field became stacked in favor of Sodexho, when the company's United States arm, Sodexho USA, merged with Marriott Managed Services, a part of Marriott International.
Compass Group finished the year with turnover of £4.81 billion (US$7.92 billion), a 14.3 percent increase over 1998 and with operating profits of £261.4 million, another substantial increase over the previous year's £218 million.
Two disparate quotes sum up the industry, its potential, and its dangers for the new millennium: first, from the December 1, 1999 issue of Restaurants & Institutions, Compass Group's North American division head Gary Green stated, 'Being big, bigger, biggest means nothing.
Since 2014, the Imperfectly Delicious Produce Program run by Compass Group USA has used over 4.5 million lbs of imperfect fruit and vegetables that would otherwise have rotten in fields or been sent to composting or landfill for simply not meeting an artifical standard of attractiveness.
With close to 600,000 associates worldwide, its parent company, UK-based Compass Group PLC had revenues of around £25.2 billion in the fiscal year ending September 30, 2019.
© 2022 Compass Group PLC
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Eurest Dining Services competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Guckenheimer | 1965 | $150.0M | 3,000 | 1 |
| Bon Appétit Management | 1987 | $100.0M | 3,422 | 19 |
| CulinArt israel | - | $127.0M | 2,000 | 129 |
| Unidine | 2001 | $65.0M | 1,302 | 352 |
| Compass Group USA | 1929 | $29.4B | 478,070 | 24,421 |
| Corporate Chefs | 1987 | $55.0M | 999 | 7 |
| SAGE Dining Services | 1990 | $90.0M | 1,000 | 166 |
| Canteen Services | 1932 | $270.0M | 750 | 450 |
| NexDine | 2008 | $7.3M | 150 | 150 |
| American Food & Vending | 1990 | $350.0M | 1,000 | - |
Eurest Dining Services history FAQs
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