Jump to content

SSP Group

From Wikipedia, the free encyclopedia

This is an old revision of this page, as edited by Dormskirk (talk | contribs) at 22:31, 8 September 2014 (exp). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

SSP Group plc
Company typePublic
HeadquartersWeybridge, Surrey
Area served
Worldwide
Key people
Vagn Sørensen, Chairman
Kate Swann, Chief Executive
ProductsRestaurants
ServicesFoodservice
Revenue£1,827.2 million (2013)[1]
£67.2 million (2013)[1]
£2.3 million (2013)[1]
Websitewww.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.

History

The business, previously known as Select Service Partners ('SSP'), was originally established in 1961; it was acquired by Compass Group in May 1993 for £72 million.[2] 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.[3] In 2006 the business was bought by EQT Partners for £1.822 billion.[2] The company was the subject of an initial public offering in 2014.[4]

Operations

A Caffè Ritazza outlet at Hull Paragon railway station.

References

  1. ^ a b c "Prospects" (PDF). SSp Group. Retrieved 8 September 2014.
  2. ^ a b "Compass sells Moto service stations and Upper Crust food chain for £1.8bn". 10 April 2006. Retrieved 8 September 2014.
  3. ^ "Travellers Fare". Cinven. Retrieved 8 September 2014.
  4. ^ "Shares rise in SSP stock market debut". The Telegraph. 10 July 2014. Retrieved 8 September 2014.

External links