ChevronTexaco puts £14m annual saving on the menu_3
18 July 2012
Recently merged energy giant ChevronTexaco aims to cut its annual catering procurement spend by £14 million ($20 million) under a global contract.
The US-based company has signed a 10-year preferred supplier agreement with catering group Compass, which will provide services for its international operations.
Under the terms of the contract, believed to be the biggest in the catering industry, Compass subsidiary Eurest Support Services must promote local sourcing wherever possible and raise the quality and...