PROFILE |
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Mövenpick caters to people who are on the move. The company operates about 40 hotels and resort properties in Europe, Africa, and the Middle East. Mövenpick also operates restaurants, highway rest-area eateries, fast-food restaurants (cliccadou) and diners (named Cindy and modeled after American diners). In addition the company sells prepared convenience foods, its own branded premium ice cream (more than 300 flavors), coffee and breakfast items, smoked fish, and wine. Mövenpick plans to open 10 more resorts in the Middle East -- mainly in Egypt, Israel, and Palestine. German investor August von Finck owns 60% of the company; Saudi billionaire Prince al-Waleed bin Talal owns about 30%.
COMPETITION |
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Autogrill SpA (AGL)
Six Continents PLC (SXC)
Starwood Hotels & Resorts Worldwide, Inc. (HOT)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
1999 Sales (mil.): 543.10
1-Yr. Sales Growth: (12.2)%
Employees: 14,769
Revenue per employee: $36,772.97
KEY PEOPLE |
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Bruno H. Schöpfer
CEO
Urs Leinhäuser
CFO
CONTACT INFO |
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Zuerichstrasse 106
CH 8134 Adliswil, Switzerland
Phone: 41-717-2222
Fax: 41-717-2238
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