SSP Group
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| Company type | Public |
|---|---|
| Headquarters | Weybridge, Surrey |
Area served | Worldwide |
Key people | Vagn Sørensen, Chairman Kate Swann, Chief Executive |
| Products | Restaurants |
| Services | Foodservice |
| Revenue |  £1,827 million (2014) |
| £153 million (2014) | |
| Owner | EQT Partners |
Number of employees | 29,529 |
| Parent | Compass Group (from 1993 to 2006) |
| Website | SSP |
SSP Group plc (formerly Select Service Partner) is a British restaurant company. It runs several restaurant chains around the world as a concessionaire. It was floated on the London Stock Exchange in 2014.[1]
History
It became a division of Compass Group, the world's biggest food service company, itself part of Grand Metropolitan until a £160 million management buy-out in 1987. Compass Group bought the company on 27 May 1993 for £72 million, which was announced on 19 May 1993. Compass 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.[2] 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 28,000 people in 28 countries and had made £114 million in profit. In the auction for SSP, PAI Partners were also bidders.
Structure
It has its group office at Brooklands, Surrey, which concerns its international operations. Its UK headquarters are at 169 Euston Road, London.
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[3]