AccorHotels’ spending spree has continued with European corporate and contract catering management solutions firm Adoria becoming the latest acquisition.
The value of the takeover was not disclosed but follows hot on the heels of AccorHotels taking over Australian hotel group Mantra for €830 million and the disposal more than half of investment arm AccorInvest for €4.6 billion.
The French hospitality giant also confirmed and interest in the 14.3% stake in Air France-KLM owned by the French government.
Founded in France in 2003, Adoria is used by 2,700 organisations and brings together 300,000 active users and more than 800 manufacturers and distributors.
Adoria offers centralised solutions for managing tendering, procurement, logistics and production.
AccorHotels chief group procurement officer Caroline Tissot said: “I am delighted with the addition of Adoria to the group’s range of services, complementing AccorHotels’ recent acquisitions in the catering sector.
“This acquisition is in line with our strategy to acquire the most innovative and visionary players in their markets, in order to provide our customers and partners with an increasingly wide range of complementary services.
“Our aim will be to support Adoria’s international development, while simultaneously benefiting from its expertise and from a highly qualified team.”
Adoria chief executive Laurent Gueye added: “We are very pleased to be working with AccorHotels as we are both focused on the same goal – providing the most innovative digital solutions in order to enhance our customers’ experience.
“Adoria is growing structurally in its market and we are proud to be a recognised leader among organisations and medium-sized, large and global catering groups.
“By combining our strengths with those of AccorHotels, we are going to increase the performance of our customers.”