A catering business tipped to float in
SSP, which is owned by the private equity group EQT, runs restaurants, cafes and shops at
The British company is now run by
Analysts believe the company is considering a floatation, which would give the airport and railway caterer a value in the region of £2 billion (Dh12.04bn).
The firm said in its recent results report the
The company, which operates brands such as CafÉ Ritazza and Upper Crust, opened 90 new outlets last year as its capital expenditure increased to £78 million.
Ms Swann has said capital spending could rise to £90m this year, as the company accelerates its openings and pushes into new territories, including
SSP's key locations in the
The company already operates 75 outlets in the region and has 15 new outlets planned for this year, including at
In November, SSP was awarded a five-year contract at
"We are looking forward to investing in the continued success of
"This is a strategically important region for SSP and we are delighted to be consolidating our position here."
SSP catering outlets will include a
The cafe will serve simple fine-dining, accompanied by concert video footage and sound recordings, the firm says.
Another outlet, O'Learys, is designed to recreate the ambiance of an American sports bar, with live sporting action on TV, while Alsafi is a restaurant offering a traditional Arabic menu.
In March, SSP also signed its first deal in
The 11 cafes and restaurants at the facility have had combined revenues of more than
SSP, which used to be owned by the British-based international catering company Compass, concentrates on outlets in rail and bus stations and airports and now operates in 30 countries.
A spokesman for SSP declined to comment on whether it was looking at a possible listing in
Typically, SSP works with local partners to fully understand local cultures and appetites.
It has more than 1 million customers a day, globally.
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