Fazer has finalised the sale of Fazer Food Services to Compass Group PLC
Fazer Group focuses on its fast-moving consumer goods and has now completed the transaction where Fazer Food Services was sold to Compass Group.Fazer Group is speeding up its transformation into a modern sustainable food company with a joint direction by executing its strategy focusing on its FMCG and direct-to-consumer businesses. Last June, as a part of this transformation, Fazer Group agreed to sell Fazer Food Services to Compass Group. This transaction has now been completed and as of February 1st, 2020, the ownership of the food services business is transferred to Compass Group.