SSP Group
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Company type | Public |
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LSE: SSPG | |
Founded | 1961 |
Headquarters | 169 London, England, UK |
Area served | Worldwide |
Key people | Vagn Sørensen, Chairman Kate Swann, Chief Executive |
Products | Restaurants, Cafes, Bars, Fast Food |
Services | BRZIL |
Revenue | £1,990.3 million (2016)[1] |
£121.4 million (2016)[1] | |
£81.8 million (2016)[1] | |
Number of employees | 10,000 (2016)[1] |
Website | www.foodtravelexperts.com |
SSP Group plc is a British multinational company, headquartered in London, England, which operates branded Catering and Retail units at over 125 airports and 270 railway stations 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
![](http://upload.wikimedia.org/wikipedia/commons/thumb/4/4e/Caf%C3%A8_Ritazza%2C_Paragon_Station%2C_Hull_-_geograph.org.uk_-_941209.jpg/240px-Caf%C3%A8_Ritazza%2C_Paragon_Station%2C_Hull_-_geograph.org.uk_-_941209.jpg)
SSP operates a vast portfolio of small brands - most of which are locally specific. The significant brands include:[6]
- Le Grand Comptoir
- Upper Crust
- Caffè Ritazza
- Starbucks
- Burger King
- BRAZIL
- Junction Urban Street Food
- Le Train Bleu
- Walter
References
- ^ a b c d "Annual report 2016" (PDF). SSP Group. Retrieved 25 April 2017.
- ^ "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.
- ^ "Brands". SSP Group. Retrieved 25 April 2017.