LC ADMINISTRAÇÃO DE RESTAURANTES LTDA. agreed to acquire GR Serviços e Alimentação Ltda., Foodbuy Alimentos Sociedade Unipessoal Ltda., GR Manutenção e Facilities Sociedade Unipessoal Ltda., Clean Mall Serviços Ltda. and GRSA Serviços Ltda.

from Compass Group PLC (LSE:CPG) on March 25, 2024. LC ADMINISTRAÇÃO DE RESTAURANTES LTDA. entered into share purchase agreement to acquire to acquire GR Serviços e Alimentação Ltda., Foodbuy Alimentos Sociedade Unipessoal Ltda., GR Manutenção e Facilities Sociedade Unipessoal Ltda., Clean Mall Serviços Ltda.

and GRSA Serviços Ltda. on March 27, 2024. GPS PARTICIPAÇÕES E EMPREENDIMENTOS board approved the deal.

The transaction is subject to approval of Administrative Council for Economic Defense ? CADE. For period ended September 30, 2023, GRSA Group reported revenue of BRL 3.3 million.

S. Todd Crider, Jonathan Goldstein, Grenfel S. Calheiros, Sarah Lindley, Ben Spiers, Peter Guryan, Richard J. Jamgochian, Tristan Brown and Steven R. DeLott of Simpson Thacher & Bartlett LLP acted as legal advisor to Compass Group PLC.