Groupe Partouche Acquires Prime Paris Property for Expansion

Deal News | Jan 15, 2025 | Globenewswire

Groupe Partouche Acquires Prime Paris Property for Expansion

Groupe Partouche, a leading European player in the gaming and hospitality industry, has announced its acquisition of a strategically located building near the Arc de Triomphe in Paris. The property, which spans over 8,000 square meters across seven levels, will undergo renovations to house Partouche’s Parisian gaming club, currently situated on rue de Berri, as well as the company’s corporate headquarters. Established in 1973, Groupe Partouche operates 41 casinos, a gaming club, hotels, restaurants, thermal centers, and golf courses, with a commendable track record of innovation and future-oriented projects. The company is publicly listed on Euronext Paris, aiming to enhance its leadership and profitability in the gaming sector.

Sectors

  • Gaming and Hospitality
  • Real Estate

Geography

  • France – The acquisition takes place in Paris, France, where Groupe Partouche is expanding its operations.

Industry

  • Gaming and Hospitality – The article discusses Groupe Partouche, which operates in the gaming and hospitality sectors, including casinos, hotels, and leisure establishments.
  • Real Estate – The acquisition of the property in Paris highlights significant involvement in real estate for expansion purposes.

Financials

    Participants

    NameRoleTypeDescription
    Groupe PartoucheAcquiring CompanyCompanyA European leader in the casino and hospitality industry, known for its innovative gaming solutions.