Baker McKenzie advised Mövenpick Group in selling the multi-brand international catering company Marché International AG ("Marché International") to Lagardère Travel Retail ("Lagardère"), the travel retail division of the French Lagardère Group.
The sale completes the concentration process of the Mövenpick Group which intends to focus on its core competencies in fine foods and wine in Central Europe. The Lagardère Group, in turn, wants to use the acquisition to increase its presence in Europe, especially in Germany.
Marché International's freeway service stations and restaurants in airports and shopping malls are to be transferred to Lagardère at the beginning of 2023. The restaurant chain includes around 150 operations in Germany, Austria, the Czech Republic, Slovenia, Croatia and Singapore.
Baker McKenzie advised Mövenpick Group on all legal aspects of the transaction.
The Baker McKenzie team was led by Martin Furrer (partner, corporate & transactions) and Ramon Tissafi (senior associate, corporate & transactions) and further included Mario Kumschick (counsel, tax), Roger Thomi (counsel, antitrust & competition), Susanne Liebel-Kotz (senior associate, tax), Christoph Reitze (associate, corporate & transactions), Julia Schieber (partner, IP), Tiziana Hongler (associate, IP), Tanya Adams (junior associate, corporate & transactions) and Alexander Eichenberger (junior associate, corporate & transactions).