GERMANY. SSP has acquired the airport restaurant business of Lufthansa subsidiary LSG-Airport Gastronomiegesellschaft (LSG). The agreement incorporates all LSG’s concessions in landside and airside areas at Berlin-Tegel Airport, Berlin-Schoenefeld Airport, Bremen Airport, Cologne/Bonn Airport, Frankfurt Airport and Munich International Airport.
The acquired business has an annual turnover of around €27 million. It includes 36 cafes, bars and food courts, and such brands as Illy Espresso, Lavazza, Segafredo, and Beck’s Beer Bars.
The acquisition of LSG’s airport restaurant business adds to SSP Germany’s existing airport operations in Düsseldorf International Airport. LSG’s workforce of around 400 staff will be retained by SSP.
SSP Germany has become a leader in the German rail station and motorway service market since its acquisition and integration of food & beverage operator Mitropa AG in 2004.
“I’m pleased we’re significantly increasing our presence in this key market, with the acquisition of one of the leading players in the region,” said Johann Weinzettl, CEO of SSP Central Europe, Middle East and India. “The German airport market represents a huge opportunity for growth for SSP. We have exciting plans for expansion within Germany and the rest of Europe, and this is an excellent platform for this growth.”
SSP CEO Andrew Lynch added: “SSP’s knowledge of the travelling consumer and our ability to deliver world-class brands will mean that we’ll be able to provide a great experience for passengers at these airports.”
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