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CMS Hasche Sigle advises Elior Group on entry into German concession catering market

08/06/2009

Berlin/Cologne – French-based Elior Group has signed a contract with Tank & Rast to operate 17 service areas located on seven motorways across Germany. In July of this year, the Elior Group – the third largest player in the European contracted foodservice sector – will thus enter the German market for the first time. In addition to traditional motorway catering, the operations taken over by Elior include fast food outlets (such as Burger King and Lavazza), hotel services, retail outlet management and fuel sales. They form part of a larger deal which will see Tank & Rast acquiring a significant number of service areas from AXXE (Metro) before subsequently leasing them out, with the second largest portfolio going to Elior.

A CMS Hasche Sigle team led by Dr Gerd Leutner, partner and coordinator of the firm’s French desk, advised Elior on all aspects of contract negotiation and is providing legal support as the company prepares to gradually take over
management of the motorway service areas.

The 17 service areas involved represent annual revenues of some €40 million. The Elior Group operates 14,000 restaurants and outlets in 14 different countries, including catering concessions for motorway service areas and food outlets at
airports. It employs more than 67,500 people and generates annual turnover of €3.5 billion.

Advisers CMS Hasche Sigle:

Dr Gerd Leutner, Corporate/Transactions (Lead Partner)
Dr Tobias Teicke, Corporate
Dr Robert Budde
Dr Hans-Clemens Köhne, both Distribution & Franchising
Dr Matthias Kuss
Dr Jakob Steiff, both Public Law
Jesko Nobiling, Tax
Dr Nicolai Ritter, Commercial Tenancies
Dr Thomas Barthel, Employment Law

Contact:

Dr Gerd Leutner
Tel.: +49 30 203 60-1709
E-mail: Gerd.Leutner@cms-hs.com

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