Lagardère Travel Retail has closed the acquisition of Marché International, the global catering company
Lagardère Travel Retail
Paris, 1 February 2023
Lagardère Travel Retail today announces the closing of the acquisition of Marché international, the global catering company.
Announced on 16 November, this acquisition is aligned with Lagardère Travel Retail’s ambition to strengthen its network of Foodservice operations and confirms its long-standing strategic ambition to grow across all segments of activities in Travel Retail and Dining to holistically cover landlord and traveler needs. It also reinforces its portfolio of internal brands, Marché being a long-standing and highly recognized brand globally.
As a result of the transaction, Lagardère Travel Retail takes over the restaurant network of Marché in six countries: Germany, Austria, Croatia, Slovenia, the Czech Republic and Singapore.
Marché is a well-established international food services provider which operates in travel and leisure locations including airports, railway and motorway stations, zoos and downtown malls. The company’s diverse portfolio of brands and concepts most notably includes the much-appreciated “Marché” brand, Palavrion, Cindy’s diner and the White Monkey, and covers the full range of customer needs and budgets.
ABOUT LAGARDERE TRAVEL RETAIL
One of the two divisions of the Lagardère group, Lagardère Travel Retail is a global leader in the travel retail industry. Operating over 4,800 stores across Travel Essentials, Duty Free & Fashion and Foodservice in airports, railway stations and other concessions in 42 countries and territories, Lagardère Travel Retail generated €2.9 bn in sales in 2021 and €5.5bn in 2019 (managed 100%).
Lagardère Travel Retail has a unique holistic approach aimed at exceeding travelers’ expectations throughout their journey, and optimizing landlords’ assets and partners’ brands.
www.lagardere-tr.com ● @LagardereTR
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