UK. Foodservice specialist Compass Group today announced its intention to sell SSP, its dedicated travel concessions business.
The decision follows “a comprehensive review of its portfolio” by Compass Group. The sale process will commence before the end of this calendar year, with an estimated completion date of mid-2006.
SSP Chief Executive Officer Andrew Lynch said: “As the dedicated travel concessions business of Compass Group we are already an international leader in our key marketplaces of air, rail and motorway service areas.
“The sale of SSP will be a very positive step in the evolution of our organisation, ensuring that our clients and customers will benefit from a dedicated and focused management team entirely committed to building on SSP’s already strong position in the exciting travel marketplace.”
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