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SSP Group

#4430

Rank

$1.64B

MarketCap GB

GB United Kingdom

Country

Summary
SSP Group plc operates food and beverage outlets. The company operates outlets at airports, railway stations, motorway service areas, hospitals, and shopping centers. It operates approximately 550 brands in 36 countries in the United Kingdom, Europe, North America, and internationally. SSP Group plc was incorporated in 2006 and is headquartered in London, the United Kingdom.

History

The business was established as a division of Scandinavian airline SAS Group under the name of SAS Catering in 1961. Its Select Service Partner division was 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.During the COVID-19 pandemic in the United Kingdom, SSP announced it was cutting 5,000 UK jobs across its chains, including Upper Crust and Caffè Ritazza, as part of a restructuring aimed at keeping the company afloat. In November 2022 it was announced that SSP was buying AMT Coffee out of administration.


Mission
At SSP Group we make sure that we offer our customers the very best in nutrition-focussed, delicious and often local food and drinks, delivered efficiently by our well-trained and friendly employees.

Vision
We aim to be the pioneer in creating memorable experiences for travelers and customers around the world through our offer as well as efficient customer service.

Key Team

Ms. Sarah John (Director of Corp. Affairs)

Ms. Helen Byrne (Group Gen. Counsel & Company Sec.)

Mr. Nathan Clements (Chief People Officer)

Mr. Sukh Tiwana (Chief Procurement Officer)

Mr. Mark Angela (Chief Bus. Devel. & Strategy Officer and CEO India and EEME)

Mr. Michael Svagdis (Chief Exec. Officer of SSP America)

Mr. Richard Lewis (Chief Exec. Officer of SSP UK ,Ireland & LATAM)


Recognition and Awards
In 2018, SSP Group was named Global Food & Beverage Operator of the Year by Airport News at the ACI Airport Exchange Conference in Abu Dhabi. We have also been awarded 'Food & Beverage Service Provider of the Year' by Airport Operators Association .

References
SSP Group
Leadership team

Mr. Jonathan Davies (Deputy CEO, CFO & Exec. Director)

Mr. Patrick F. Coveney B.Com., B.Comm, D.Phil, DPHIL, M.Phil (Group CEO & Director)

Mr. Mark Smith (Chief Digital & Technology Officer)

Products/ Services
Food and Beverage, Restaurants
Number of Employees
20,000 - 50,000
Headquarters
London, England, United Kingdom
Established
1961
Revenue
Above - 1B
Traded as
SSPG.L
Social Media
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