On October 23, 2024, Groupe ADP closed the acquisition of 100% of the share capital of Paris Experience Group and its affiliates from its shareholders, including funds managed by Ekkio and Montefiore Investment, as well as the management team.
Organized around three main brands (Paris City Vision, Mon Petit Paris, and Paris Seine), Paris Experience Group offers visits to museums and historic monuments, sightseeing tours of Paris and excursions in ĂŽle-de-France and neighboring regions, lunch and dinner cruises, and private events on the Seine.
The acquisition of Paris Experience Group is aimed at enhancing the value proposition of Extime, the Groupe ADP airport hospitality and retail brand, to tourists for the entirety of their stay in Paris.
Marc Castagnède, partner at A&O Shearman in France, comments: “We are delighted to have participated in this complex transaction for Groupe ADP, which will foster its global growth and help extend its offering beyond the Parisian airports.”
The A&O Shearman team was led by partner Marc Castagnède and counsel Flora Leon-Servière, with associates Antoine Messent and Yahn Van Kalck on M&A aspects. The team also included partner Guillaume Valois on tax, partner Laurie-Anne Ancenys and associate Juliette Mazilier on IT/data protection, partner Claire Toumieux and associate Hovig Cancioglu on employment law, partner Florence Ninane, senior associate Clémence d’Almeida, and associate Benjamin Roitman on antitrust, consultant Marianne Delassaussé on intellectual property, associate Charles-Hugo Lerebour on regulatory/public law, as well as associate Amance Tailliandier on financing aspects.
