IN BRIEF: SSP buys Midfield Concession Enterprise to expand presence
4th May 2023 12:22
SSP Group PLC - London-based travel food and beverage outlet operator - Buys Midfield Concession Enterprise Inc for an undisclosed sum to expand its presence in North America at airports. MCE operates a portfolio of brands, which is consistent with SSP's focus in North America on bringing local restaurants to the airport. Says through MCE, it adds 40 new units at seven airports. Expects the acquisition to contribute to an additional of USD100 million to revenue in its North America business. Expects completion in late summer. Read More