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SSP Group

SSP Group plc
Type Public
Founded 1961
Headquarters Weybridge, Surrey
Area served Worldwide
Key people Vagn Sørensen, Chairman
Kate Swann, Chief Executive
Products Restaurants
Services Foodservice
Revenue £1,827.2 million (2013)[1]
Operating income £67.2 million (2013)[1]
Profit £2.3 million (2013)[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.

Contents

  • History 1
  • Operations 2
  • References 3
  • External links 4

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

A Caffè Ritazza outlet at Hull Paragon railway station.

References

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

External links

  • Official site
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