SSP Group: Difference between revisions
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| location = [[Euston]], [[London]] |
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| area_served = Worldwide |
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Revision as of 10:42, 17 August 2015
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| Company type | Public |
|---|---|
| Founded | 1961 |
| Headquarters | Euston Road, London |
Area served | Worldwide |
Key people | Vagn Sørensen, Chairman Kate Swann, Chief Executive |
| Products | Restaurants |
| Services | Foodservice |
| Revenue | £1,827.2 million (2014)[1] |
| £88.5 million (2014)[1] | |
| £(27.8) million (2014)[1] | |
| Website | www.foodtravelexperts.com |
SSP Group plc (formerly Select Service Partner) is a British restaurant company which runs several restaurant chains around the world as a concessionaire. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
History
The business was established as a division of SAS Group under the name of SAS Catering in 1961.[2] It was subsequently renamed Select Service Partner ('SSP') and acquired by Compass Group in May 1993 for £72 million.[3] Compass then merged SSP with several other companies it owned, including Travellers Fare, British Rail's former catering division which had been privatised under a management buy-out in 1988 before being bought by Compass in 1992.[4] In 2006 the business was bought by EQT Partners for £1.822 billion.[3] The company was the subject of an initial public offering in 2014.[5]
Operations
References
- ^ a b c "Preliminary Results 2014" (PDF). SSP Group. Retrieved 3 April 2015.
- ^ "EQT to acquire Select Service Partner from Compass". EQT. Retrieved 8 September 2014.
- ^ a b "Compass sells Moto service stations and Upper Crust food chain for £1.8bn". 10 April 2006. Retrieved 8 September 2014.
- ^ "Travellers Fare". Cinven. Retrieved 8 September 2014.
- ^ "Shares rise in SSP stock market debut". The Telegraph. 10 July 2014. Retrieved 8 September 2014.