The catering business SSP, led by chief executive Andrew Lynch, provides refreshments for travellers passing through airports, railway stations, motorway service areas and shopping centres in 32 countries. Its 2,180 food and drink outlets feature the company’s own brands Caffè Ritazza, Upper Crust and Millie’s Cookies as well as franchises for M&S Simply Food, Burger King and Starbucks. The company has been owned by the Swedish private-equity firm EQT since 2006. The business suffered as the number of travellers dropped during the recession and was forced to refinance towards the end of last year. SSP employs a total of 30,000 people across all its operations. Sales reached £1,539m in 2009 and debt was reported at £1.2 billion.

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Company details
ActivityTravel foodservice provider
Sales £m1,539
Profit £m113
Year endSep 09
Principal shareholdersEQT and management (85%), mezzanine lenders (15%)

If applicable:

* Supplied by company † Annualised figure