Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

AccorHotels in talks to buy Potel & Chabot

27 March 2017 by
AccorHotels in talks to buy Potel & Chabot

French group AccorHotels and Edmond de Rothschild have entered into negotiations to acquire French event company Potel & Chabot.

Edmond de Rothschild Investment Partners (acting on behalf of private equity fund FPCI WINCH Capital 3) and AccorHotels will respectively hold 51% and 40% of the share capital.

Potel & Chabot is made up of its luxury Potel & Chabot brand and Saint Clair le Traiteur, which operates in the premium sector. It has offices in the UK, Switzerland, Middle East, China and Brazil, among others.

The group mainly hosts B2B receptions for corporate and private clients; sporting, industrial and cultural events (such as the French Open at the Stade Roland Garros and the Biennale des Antiquaires); and manages venues including the Pavillon Seine, Pavillon Kléber, and Hôtel d'Evreux in Paris.

Franck Jeantet, chairman and chief executive of Potel & Chabot, said: "This new alliance with AccorHotels, a world leader in hospitality, its hotel infrastructures throughout the world and its digital concierge services will allow us to strengthen our leadership in the luxury sector and enhance the expertise of our talents, notably by sharing it through the creation of a ‘Potel & Chabot Academy'."

Sven Boinet, deputy chief executive of AccorHotels, added: "The partnership of AccorHotels with Potel & Chabot brings a complementary dimension and expertise to our F&B and event organisation strategy. Moreover, the combination of their knowledge with our leading positions in luxury hospitality, private rental and concierge services will provide our clients with unique services and expertise regarding tailor-made events."

Surfer look for AccorHotels' first Jo&Joe site >>

AccorHotels and Rixos Hotels to sign joint venture management agreement >>

AccorHotels to buy Travel Keys >>

Videos from The Caterer archives

Are you looking for a new role? See all the current hospitality vacancies available with The Caterer Jobs

The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

close

Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking