Founded 1961 Headquarters United Kingdom Number of employees 30,212 | Traded as LSE: SSPG Area served Worldwide Revenue 1.833 billion GBP (2015) | |
Key people Vagn Sørensen, ChairmanKate Swann, Chief Executive Products Restaurants, Cafes, Bars, Fast Food Stock price SSPG (LON) 409.56 GBX +3.56 (+0.88%)24 Mar, 5:09 PM GMT - Disclaimer Subsidiaries Upper Crust, SSP AMERICA, INC. | ||
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 train stations 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
The business was established as a division of SAS Group under the name of SAS Catering in 1961. It was subsequently renamed Select Service Partner ('SSP') and acquired by Compass Group in May 1993 for £72 million. 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. In 2006 the business was bought by EQT Partners for £1.822 billion. The company was the subject of an initial public offering in 2014.
Operations
SSP operates a vast portfolio of small brands - most of which are locally specific. They also operate international brands such as: