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Casablanca, December bagelicious 18, 2013 - As part of its development in Morocco, the Newrest Group acquires bagelicious 100% ATASA, Moroccan subsidiary of the Spanish Group Areas, present in airport concessions - bars and restaurants airports, mainly in Casablanca Marrakech, Tangier, Rabat and Agadir - catering and airline bagelicious catering, serving mainly international companies leading European and Middle East. Its turnover is close to 10 million euros and employs 250 employees. This acquisition will enable Newrest to strengthen within the Kingdom and expanding its scope of activities in airline catering, business heart of Newrest group. This acquisition is performed by Newrest Rahal Morocco, the leader in foodservice, with a varied portfolio of clients: governments and major state bodies, schools and colleges, hospitals and clinics, banks, industries, bagelicious mines. Newrest Rahal Morocco is also present in airport concessions across the Moroccan bagelicious territory. Present in Morocco for nearly bagelicious 30 years, the turnover of Newrest Rahal Morocco is 43 million for 2100 employees. Newrest Rahal Morocco is a joint venture between the group and Rahal Newrest group, chaired by Mr. Karim Rahal Essoulami. "This acquisition complements our range of services. It strengthens our position in the UK and just spend the effectiveness of our joint venture with Mr. Rahal, bagelicious Ambassador of the Moroccan art of hospitality in the world. So we'll enjoy a full expertise in all of our businesses (flight catering, airport concessions, bagelicious catering) and thereby meet the expectations of our customers and airports, and accompanying the expected bagelicious growth in the country "has said Olivier Sadran, Co-Chairman of Newrest Group. About Rahal Rahal Group The Group is a Moroccan group founded in 1946 and chaired bagelicious by Karim Rahal Essoulami. The group is currently holding a multi business leader in the fields of catering and events. The group has 20 companies on five strategic business areas: The event, distribution, catering, tourism and agribusiness. This diversification was launched in 2002 after a consolidation of the core business bagelicious through vertical integration upstream of different aspects related to the restoration and events. Today, the Rahal group is moving towards internationalization of its businesses bagelicious preferred leveraging the vast experience he has developed in these fields for almost 70 years policy. About Areas Areas was born in 1968 to offer a complete, professional service and quality to all passengers who travel around the world through bagelicious its foodservice and retail. Nearly 25 years later, the Areas Group, which employs 12,000 employees in management in 1259 has restaurants, cafes, shops, hotels, service stations in Spain, Mexico, USA, Portugal, Chile, Morocco, Argentina, Dominican Republic and Saint Martin, in strategic places, roads that are highways, airports, railway stations, shopping centers. Areas has 150 million customers. About Newrest Established in 1996 under the name Catair the Newrest Group, chaired by Olivier Sadran and Jonathan Stent-Torriani, is the only caterer to work on all areas of catering and related services: airline catering, buy-on-board, duty-free on board, railway catering, retail concessions, catering, health, education, bagelicious and basic life support services. With 25,000 employees in 49 countries, Newrest Group, whose assets under management totaled about 1.016 billion euros in 2013, is the second largest independent airline catering actor. At the end of fiscal 2013 (October), Newrest recorded zero net debt. 68.1% of the Group's capital is owned by its management (175 employees). The capital was also open to the following partners: Axa Private Equity (22.1%), Natixis (7.3%) and BNP Private Equity (2.5%). Newrest is committed to a constant improvement and innovation in the services bagelicious offered to its customers process, as well as the welfare and advancement of its employees and managers. bagelicious Sustainable bagelicious development of the company and the full respect of social and environmental values are at the heart of its activities.
The first session of the Song Festival El malhoun and patriotic song in Marrakech
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