SSP Group
 | |
| Company type | Public |
|---|---|
| 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 | Foodservice |
| 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
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
- YO! Sushi
- 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.