Aéroports de Paris SA - French Competition Authority decision
12 September 2023 - 2:53AM
Aéroports de Paris SA - French Competition Authority decision
PRESS RELEASE
Paris, September 11th, 2023
French Competition
Authority decision: Groupe
ADP reaction
Groupe ADP takes note of the French
Competition Authority's decision authorizing the creation of a
full-function joint venture - Extime Food & Beverage Paris -
jointly controlled by Aéroports de Paris and Select Service
Partner, dedicated to the management of food and beverage
points of
sales at Paris-Charles de Gaulle and Paris-Orly
airports.
"We are delighted with the favorable outcome of
our discussions with the French Competition Authority.
This new step will enable Extime Food & Beverage Paris to
build a strong portfolio of foodservice brands, in line not
only with current consumer expectations but also with the quality
standards expressed by Groupe ADP through its new retail and
hospitality brand, Extime", underlines Mathieu Daubert, Chief
Customer Officer of Groupe ADP.
"We are extremely satisfied with the favorable
outcome of our discussions with the French Competition Authority.
The creation of a joint venture, Extime Food & Beverage, in
partnership with Groupe ADP, constitutes a major turning point
for our company and for travelers at Paris-Charles de Gaulle and
Paris-Orly airports. This new entity will enable us to rethink
and enrich our Food & Beverage offering, proposing
an upscale and diversified culinary experience that will
appeal to the most demanding passengers. In this way, we
are not just growing our business; we are helping to make the Paris
travel experience even more memorable and rewarding.", said Gérard
d'Onofrio, Managing Director of SSP France, Belgium and
Luxembourg.
A reminder of the facts
On March 22, 2021, Aéroports de Paris launched a
call for tenders with publication in the Official Journal
of the European Union, to select an industrial partner to
create a joint venture dedicated to the management of restaurant
points of sales at Paris-Charles de Gaulle and Paris-Orly airports,
for a period of ten years. Following this tender, Select Service
Partner (SSP) was selected as the industrial partner to acquire 50%
of the capital and voting rights of Extime Food & Beverage
Paris.
In line with merger control regulations,
Aéroports de Paris and SSP jointly notified the French Competition
Authority of their plans to create this joint venture. During the
investigation of the notified transaction, the French
Competition Authority opened an in-depth analysis phase1. At the
end of this last phase, the French Competition Authority
issued, on August 4, 2023, a favorable decision unconditionally
authorizing implementation of the notified transaction.
SSP and Aéroports de Paris will now be able to
set up this joint venture as soon as possible and begin selecting
the food and beverage partners it needs to support its hospitality
strategy.
About Groupe ADP Press contact: Justine
Léger, Head of Medias and Reputation Department
+33 1 74 25 23 23 Investor
Relations: Cécile Combeau +33 6 32 35 01 46
& Eliott Roch +33 6 98 90 85 14 -
invest@adp.fr
Groupe ADP develops and manages airports,
including Paris-Charles de Gaulle, Paris-Orly and Paris-Le Bourget.
In 2022, the group handled through its brand Paris Aéroport 86.7
million passengers at Paris-Charles de Gaulle and Paris-Orly, and
nearly 193.7 million passengers in airports abroad. Boasting an
exceptional geographic location and a major catchment area, the
Group is pursuing its strategy of adapting and modernizing its
terminal facilities and upgrading quality of services; the group
also intends to develop its retail and real estate businesses. In
2022, group revenue stood at €4,688 million and net income at
€516million. Registered office: 1, rue de France, 93 290
Tremblay-en-France. Aéroports de Paris is a public limited company
(Société Anonyme) with share capital of €296,881,806. Registered in
the Bobigny Trade and Company Register under no. 552 016 628. Find
more informations at www.groupe-adp.com and on
twitter @GroupeADP
About Groupe SSPSSP press contact:
Fatiha Thierry, Head of External Communications, +33 (0)6 64 08 46
17- communication.externe_presse@ssp.fr SSP
International Relations: Marisa Fitch, Group Head of Communications
SSP, +44-7990436186 - marisa.fitch@ssp-intl.com
SSP is one of the leading operators of catering
outlets in transport and travel locations. We operate restaurants,
bars, cafés, food-courts and convenience stores at airports,
railway stations, freeway service stations and other leisure
venues. Before the start of Covid-19, we served around one and a
half million customers every day at some 180 airports and 300
railway stations in 35 countries around the world, and operated
over 550 international, national and local brands. -
www.foodtravelexperts.com
1 See press release of January 10, 2023
- Aéroports de Paris SA - French Competition Authority
decision
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