Travellers Fare

Travellers Fare was a company owned by British Rail that provided catering services on the rail network in Great Britain. As a precursor to the privatisation of British Rail, the company was sold to a management buyout team backed by 3i in December 1988.[1][2] It was subsequently acquired in November 1992 by Compass Group, who merged it with their airport, retail and leisure businesses to form Select Service Partner (SSP) in 1997.[3] Compass sold SSP to two consortia led by EQT Partners and Macquarie Bank in 2006 for £1.8bn.[4]

References

  1. ↑ "Travellers Fare sold" The Railway Magazine issue 1055 March 1989 page 144
  2. ↑ "Travellers Fare". Cinven.
  3. ↑ "Two become one at Compass". Caterer and Hotelkeeper.
  4. ↑ "Compass sells SSP for £1.8bn". Financial Times.