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BR
Travellers Fare (Catering Services)
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RAILWAY BRITAIN |
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Travellers Fare Station Catering: Travellers Fare station catering became a limited company in December 1987. A year later, with a turnover of £74,000,000 and 3,400 staff, it was sold to a management buyout group for £20.5 million. In November 1992 it was taken over by Compass Group plc. Later it became known as Select Service Partner. In 2006 the Compass Group plc sold Select Service Partner (SSP) including Rail Gourmet to EQT Partners - a private equity firm. Today it trades as SSP - The Food Travel Experts. Intercity On Board Services: InterCity On Board Services, which remained with BR, was restructured for privatisation in 1994 and the following year, with 600 employees and renamed OBS Services, was sold to European Rail Catering Ltd, a management buyout. The recently-privatised company also updated its image with the launch of new on-board café and trolley services, under the name Prego. In 2001 European Rail Catering, the company formed by a management buyout of British Rail's on board Intercity catering division in October 1995, was taken over by Swiss owned Rail Gourmet. Rail Gourmet was the train catering division of Swissair Group. The division also includes airline caterer Gate Gourmet. In 2001 the Swissair Group went into financial difficulties. Rail Gourmet however was still profitable and in 2002 Rail Gourmet were acquired by Compass Group plc, thus it became part of their Select Service Partner (SSP) division. In 2006 the Compass Group plc sold Select Service Partner (SSP) division to EQT Partners - a private equity firm. Today Rail Gourmet is a subsidiary of SSP - The Food Travel Experts. SSP - The Food Travel Experts www.foodtravelexperts.com Rail Gourmet UK www.railgourmet.com |