SSP expands into Canada, Saudi Arabia

(Sharecast News) - International travel food and beverage outlet operator SSP Group on Thursday said it had expanded into Canada and Saudi Arabia as it pivots to high-growth markets. The company, which owns the Upper Crust and Ritazza brands, said it had bought Calgary-based ECG Ventures Limited (ECG), which sees it take over the leases of three units at Calgary Airport and an additional two at Edmonton Airport.

Five new restaurant/bars - The Kitchen by Wolfgang Puck, Bistro on the Bow, Belgian Beer Café (two units) and The Canadian Brewhouse - complement SSP's existing business at both airports, SSP said in a statement.

It also signed a new contract with Jeddah Airport to operate three food and beverage packages, representing a total of 26 units, for an initial duration of between five and seven years.

No financial details were disclosed.

Reporting by Frank Prenesti for Sharecast.com