Lagardère Travel Retail consolidates its Foodservices business with the acquisition of Marché International, the global catering company, and welcomes in its portfolio a highly recognized brand
16 November 2022
Lagardère Travel Retail today announces it has entered into an agreement to acquire Marché, the multi-brand international catering company. With this transaction, Lagardère Travel Retail considerably strengthens 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.
Lagardère Travel Retail and Marché today have signed an agreement whereby Lagardère Travel Retail will acquire 100% of the shares in Marché International AG, the holding company of the Marché group, headquartered in Switzerland. As a result of the transaction, which is expected to complete by Q1 2023, Lagardère Travel Retail will take 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 [...]