Accor CEO: Plans To Work With Lenotre Once Sold
May 30 2011 - 7:25AM
Dow Jones News
French hotels group Accor SA (AC.FR) would like to keep working
with its catering business Lenotre once it is sold, Chief Executive
Denis Hennequin said Monday.
Hennequin said he would choose pillows over macarons--pastries
produced by Lenotre--when it comes to investments. However, the
company would like to continue working with the caterer, which
supplies food for the company's high-end hotels, he added.
Accor has shed assets over the years in order to focus resources
on the hotels business, most notably its vouchers division, which
is now a separately listed company called Edenred (EDEN.FR).
Accor announced plans to sell Lenotre in April.
-By Mimosa Spencer, Dow Jones Newswires; +33 1 40 17 17 73;
mimosa.spencer@dowjones.com
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