Osborne Clarke advises Compass Group on acquisition of Regency Purchasing Group

By Nicky Godding

6 January 2023

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Bristol headquartered law firm Osborne Clarke has advised Foodbuy Europe Limited, part of the publicly listed Compass Group PLC ("Compass"), the world’s largest food and support services business, on its acquisition of Regency Purchasing Group.

Based in Weston-Super-Mare, Regency Purchasing Group provides purchasing and operations solutions to more than 5,000 sites ranging from independent sites to large groups. The company has a strong national footprint operating across the hospitality and leisure market as it commits to creating a leaner and smarter cost base as well as being able to share its experience to improve operational efficiency.

Foodbuy provide expert procurement services to their wide range of foodservice and hospitality clients through outstanding data analysis driven forward by a team of 200 professionals.

Foodbuy and Regency Purchasing Group will share a partnership approach to operations, allowing both businesses to continue to maximise savings, improve quality and identify new ways of innovation for clients.

By Nicky Godding

Nicky Godding is editor of The Business Magazine. Before her journalism career, she worked mainly in public relations moving into writing when she was invited to launch Retail Watch, a publication covering retail and real estate across Europe.

After some years of constant travelling, she tucked away her passport and concentrated on business writing, co-founding a successful regional business magazine. She has interviewed some of the UK’s most successful entrepreneurs who have built multi-million-pound businesses and reported on many science and technology firsts.

She reports on the region’s thriving business economy from start-ups, family businesses and multi-million-pound corporations, to the professionals that support their growth and the institutions that educate the next generation of business leaders.