Transcript
Introduction
Matt
This is Matt Reustle and today we are breaking down the food catering giant Compass Group. My guest is Asif Jeevanjee, Chief Executive of Oakmount Capital. Now, whether it's your corporate cafeteria, the food stands at a sporting event, or the old hospital food tray, you can see the food services industry all around you. And Compass is the giant in this space with a history that really dates back to the emergence of this outsourced trend.
Asif took me along this journey for both the business and the sector. How does the ecosystem work? What do contracts typically look like? And why had I heard of Aramark, but not Compass, when Compass is nearly double the size? While my business instinct with anything food related is, it's just so hard. You have perishable goods and a lack of visibility on sales. The list goes on.