Mövenpick Holding and AccorHotels officialize the rumor

2 min reading time

Published on 30/04/18 - Updated on 17/03/22

Mövenpick Holdings

AccorHotels has announced, on Monday, an agreement with Mövenpick Holding and Kingdom Holding to acquire Mövenpick Hotels & Resorts for €482 million. The transaction will have an accretive impact on earnings from the first year.

The amount of the transaction (CHF 560 million) implies: a 14.9X 2019e EBITDA multiple before synergies (including transaction costs), less than 10X pro forma 2019e EBITDA after run rate synergies and committed development pipeline Sébastien Bazin, Chairman and CEO of AccorHotels, said, “With the...

Accor

Accor

Hotel Group

  • Accor France
  • Offres d'emplois 32 currents job offers
SEE THE NOTE
Mövenpick Hotels & Resorts

Mövenpick Hotels & Resorts

Hotel Group

  • Mövenpick Hotels & Resorts Switzerland
  • Offres d'emplois 3 currents job offers
SEE THE NOTE

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