Montag, 4. Dezember 2023

Global Industry: PAI Partners buys Areas from Elior

Bremerhaven. (bm) Spain’s Areas, No.3 global leader in the food + beverage and travel retail markets, and previously a subsidiary of Elior Group, is now a separate company following the completion of its acquisition by PAI Partners. Areas, which reported revenues of EUR 1,832 billion at the close of the 2017/2018 financial year, provides services to 340 million customers each year through its 2’100 restaurants and stores across twelve countries in Europe, the US and Latin America. Other topics of the week: