SSP expands into Canada, Saudi Arabia

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