Accor in talks to acquire event organiser
Paris, France – 16 May 2017 –
AccorHotels and the FCDE (Fonds de Consolidation et de Développement des Entreprises) announce that they are in exclusive talks about acquiring 100 percent of the latter’s minority interest in Groupe Noctis.
Laurent de Gourcuff, Groupe Noctis’ Chairman, CEO and majority shareholder, established the company in 2008 and has since grown it into a key player in the hospitality market covering three segments, namely events, catering and entertainment.
It has almost 800 employees and a collection of exclusive venues in Paris, wider France and abroad. It and organises over 3,000 events a year.
By investing in a top-tier Paris-based events, catering and entertainment specialist, AccorHotels is cementing its leadership in the French capital.
Through this strategic partnership, Noctis says it will be able to tap into AccorHotels’ expertise in creating customer experiences, nurturing loyalty and providing top-of-the-range services with a personal touch for increasingly discerning clients – in particular to address French and international business clients’ requirements.
The operation under consideration will be submitted to employee representatives for consultation.
Sébastien Bazin, chairman and CEO, AccorHotels, said: “We’re very excited about teaming up with Groupe Noctis, which has come to rank among the leaders in a fiercely competitive environment in only a few years.”