SSP Group: Difference between revisions
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==History== |
==History== |
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It became a division of [[Compass Group]], the world's biggest food service company, itself part of [[Grand Metropolitan]] until 1987 until a £160 million management buy-out. Compass Group bought the company on 27 May 1993 for £72 million, which was announced on 19 May 1993. Compass put the company up for sale in September 2005, and in 2006 it was bought by [[EQT Partners]]. Kate Swann became Chief Executive in 2013. |
It became a division of [[Compass Group]], the world's biggest food service company, itself part of [[Grand Metropolitan]] until 1987 until a £160 million management buy-out. Compass Group bought the company on 27 May 1993 for £72 million, which was announced on 19 May 1993. Compass put the company up for sale in September 2005, and in 2006 it was bought by [[EQT Partners]]. [[Kate_Swann|Kate Swann]] became Chief Executive in 2013. |
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SSP was divested from Compass Group in June 2006 for £1.822 billion. At the point of sale, SSP employed around 25,000 people in 26 countries and had made £114 million in profit. In the auction for SSP, [[PAI Partners]] were also bidders. |
SSP was divested from Compass Group in June 2006 for £1.822 billion. At the point of sale, SSP employed around 25,000 people in 26 countries and had made £114 million in profit. In the auction for SSP, [[PAI Partners]] were also bidders. |
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Revision as of 16:13, 7 November 2013
 | This article needs additional citations for verification. (August 2012) |
| Company type | Privately owned company (5735966) |
|---|---|
| Headquarters | 1 The Heights, Weybridge, Surrey |
Area served | Worldwide |
Key people | Kate Swann Chief Executive |
| Products | Restaurants |
| Services | Foodservice |
| Owner | EQT Partners |
Number of employees | c.28,000 |
| Parent | Compass Group (1993-2006) |
| Website | SSP |
Select Service Partner (or SSP) is a British restaurant company. It runs several restaurant chains around the world as a concessionaire.
History
It became a division of Compass Group, the world's biggest food service company, itself part of Grand Metropolitan until 1987 until a £160 million management buy-out. Compass Group bought the company on 27 May 1993 for £72 million, which was announced on 19 May 1993. Compass put the company up for sale in September 2005, and in 2006 it was bought by EQT Partners. Kate Swann became Chief Executive in 2013.
SSP was divested from Compass Group in June 2006 for £1.822 billion. At the point of sale, SSP employed around 25,000 people in 26 countries and had made £114 million in profit. In the auction for SSP, PAI Partners were also bidders.
Structure
It has its London office at 169 Euston Road, which concerns its international operations. Its UK operations are at the office in Weybridge, and Select Service Partner UK was incorporated on 25 January 2006.
Divisions
Former divisions
- Harry Ramsden's, bought from Compass Group in 2006, and was sold in January 2010, having put the company on the market in October 2007[1]