RKHS has revealed that it has acquired Compass Group Plc's 50 percent stake in RKHS through its affiliates.

According to the spokesperson of the company, the proposed transaction will allow RKHS and Compass Group to carry out their respective India growth strategies.

The sources close to the company remarked that this buy back has been agreed by mutual consent and will not affect the business operations with clients, customers, suppliers and associates.

 The major activity of India based RKHS is to provide Food Service & Hospitality Solutions, Integrated Facilities Management and Vending Solutions. RKHS is a 50:50 joint venture with Compass Group PLC, the world’s largest food and allied services company.