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Article: Accor Services Gains Leadership of the Meal Voucher Market in the Czech Republic With the Acquisition of Local Operator Exit Group.
- Article from:
- PR Newswire
- Article date:
- October 5, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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PARIS, October 5 /PRNewswire-FirstCall/ -- As part of its growth strategy, Accor Services has acquired Exit Group, the fourth largest provider of meal vouchers in the Czech Republic. With a strong position among small and mid-sized businesses, Exit Group reported an issue volume of EUR77 million in 2008.
Thanks to their synergistic geographic coverage and customer bases, Accor Services Czech Republic and Exit Group will combine to make Accor Services a market leader in this high potential region. The Czech meal voucher market is estimated at around EUR600 million for 1.2 million users. Exit Group's products will quickly be re-branded with the Ticket Restaurant ...