Compass Group PLC
9 July 2001
9 July 2001
COMPASS GROUP PLC
£20 MILLION CONTRACT AT KISTA SCIENCE TOWER, SWEDEN
Compass Group PLC is pleased to announce that its subsidiary, Select Service
Partner (SSP), has been awarded the contract to provide foodservices at Kista
Science Tower, Stockholm's tallest office tower which will be a landmark and
centre of one of the world's most vibrant science parks.
This contract will initially run for a period of 61/2 years with an option to
extend it for a further 3 year period. The estimated turnover for the initial
contract period is close to £20 million. The contract will commence when the
first companies move into the tower in November 2002.
As part of the contract, SSP will operate two restaurants, several bars and
vending machines and its own in-house concept, Coffy's coffee shop. It will
also provide all foodservices at the 'state of the art' conference centre.
Commenting on the contract win, Michael J Bailey, Chief Executive, said: 'This
is a prestigious contract for SSP at Stockholm's tallest tower. This is one
of a number of contracts that Compass Group has won to provide high quality
foodservices in high profile towers throughout the world including Tower 42 in
London and Main Tower in Frankfurt.'
Ends
Enquiries:
Wendy Baker, Hudson Sandler Tel: 020 7796 4133
Notes to Editors
1. Compass Group is the World's largest foodservice company
employing over 265,000 people in over 90 countries and with annual revenues in
excess of £8.3bn. Compass Group provides catering for clients including major
employers, educational establishments, hospitals, leisure venues, retail
locations and at major airports and stations throughout USA, Europe,
Scandinavia and developing markets in Asia and South America. It operates
through sector-specific subsidiaries such as Eurest, the world's largest
specialist in providing foodservice to business and industry client. Further
information on the Group can be found at www.compass-group.com
2. SSP is the leading global operator of airport
restaurants. It operates in 20 countries with concessions at over 70 airports,
including Heathrow, Hong Kong, Stockholm, Copenhagen, Paris, Manchester,
Toronto and Sydney. For further information visit www.ssp-global.com
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