IBM food deal bucks industry trend
3 April 2012
A £1 billion deal signed by American IT heavyweight IBM with a British caterer has bucked industry trends.
The contract for food and vending machines was awarded to Compass this month after a round of renegotiations. The deal will see the catering company, which previously had a five-year contract over 34 sites, serve 100,000 staff at 64 of IBM’s North American locations.
The catering company has described the contract as “evergreen”, and reports suggest the deal...