Compass Group North America has completed its acquisition of Kimco Corporation, a support services provider primarily to B&I. Following completion of the acquisition, Kimco will become a wholly owned subsidiary of Compass North America under its Eurest Services division.
"We are excited to be gaining such capable and experienced management talent," says Compass Support Services CEO Bobby Kutteh. "Kimco enables us to deliver services to additional segments of the market, and the acquisition positions Eurest Services for continued growth."
With some 5,500 employees, Kimco provides primiarily janitorial services to customers in 37 states. The deal will enable Eurest to expand its relationships with dining services customers in the B&I segment. Another division, Crothall Services Group, focuses on healthcare.