Mövenpick Hotels & Resorts

The Mövenpick Holding AG, based in Baar (Canton train, Switzerland ) is an international corporate group with Swiss roots. The Mövenpick Group is organized with four separate divisions: Mövenpick Hotels & Resorts, Marché International and Mövenpick Restaurants, Mövenpick Wine and Mövenpick Fine Foods. Geographically, the Group is present in Europe, the Middle East, Africa, Asia and North America. Mövenpick generated in 2012 a turnover of CHF 1.55 billion with a profit of CHF 29.3 million and employed 19,544 employees worldwide in 2012 on a full time basis.

History

On July 19, 1948, the Swiss hotelier son Ueli Prager opened the first Mövenpick restaurant, the Claridenhof in Zurich. Designed for people with little time, showed the former logo of Moevenpick a seagull that is fast, " as in flight for the pecking » powered.

In subsequent years, more restaurants were opened in Zurich, Lucerne, Berne, Geneva and Lugano. In 1960, Prague own shopping and import company and a central production facility. In Zurich the first silver bullet was opened in 1962 as a fast-food and take-away restaurant. Almost simultaneously launched the first Mövenpick brand products. Opened in 1965 in Prague, the first Mövenpick restaurant in Germany. Under the name Caves Mövenpick since 1970 originated own wine cellar in Switzerland and in Germany.

In 1972, the production of " Mövenpick Ice Cream " was recorded in Bursins. A little later Mövenpick opened in Glattbrugg and rain village the first two large hotels in Switzerland and granted licenses for branded products to Germany, for example, the ice Theo Schoeller. In Egypt, the first hotels were opened outside of Europe. In the early 1980s two other restaurant concepts were launched: The Caveau Wine Bar and Mövenpick Marché self-service restaurants, which prepared the dishes à la minute in front of the guests.

1992 sold founder Ueli Prager its majority stake in the German businessman August von Finck. 1995 Mövenpick separated from the brand silver bullet. On the highway in Wädenswil at Zurich the first Cindy 's Diner opened. In April 2003, Mövenpick sold the international trademark rights for " Mövenpick Ice Cream " to Nestlé.

Group structure

Since early 2003, Mövenpick converted to a typical holding organization. The business segments are managed as an independent subsidiary and associated companies primarily on financial and strategic guidelines.

Divisions

• Mövenpick Hotels & Resorts: Performs worldwide over 77 hotels and resorts.
• Marché International and Mövenpick Restaurants: Operates on 100 Restaurant locations at busy traffic conditions (motorways, airports, railway stations, shopping centers) in Central Europe, North America and Asia, as well as the Mövenpick restaurants in Germany and Switzerland.
• Mövenpick Wine: Sold at stores and in online trading various alcoholic drinks and wine accessories.
• Mövenpick Fine Foods: Marketed brand products through licensing and distribution partners.

Ownership

The Mövenpick- Holding shares were traded for the last time on the Swiss Exchange SIX Swiss Exchange Zurich on June 12, 2007. Since then, Mövenpick is a private family business and owned by the Carlton Holding AG in Allschwil ( Switzerland ), which is, since July 2001 controlled by Luitpold von Finck, the son of August von Finck junior.

Conflict of interest of the owner's family

In January 2010, party donations of the substantia AG to the German FDP and the CSU by the German Press Agency became public. The substantia AG is one of the Finck Family ( August von Finck junior) and had between October 2008 and October 2009, 1.1 million euros paid to the FDP and the CSU 820,000 euros before the state election in 2008. Because of the majority shareholding of Finck family at the Mövenpick Group, which operates 14 hotels in Germany, the donations from the opposition parties in the Bundestag were criticized. This makes a connection between the donation to the FDP and operated by that party tax relief for hotel companies in Germany by the so-called Growth Acceleration Act, which entered into force on 1 January 2010. The FDP was consequently referred partly mockingly as " Mövenpick Party ". The FDP itself resisted the label on the grounds that in the past many tourist politicians of all parties represented in parliament called for the tax reduction.