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  <title>Eurotrack: Services</title>
  <subtitle>All entries in the Services sector, newest first.</subtitle>
  <link href="https://eurotrack.ai/en/sectors/services/"/>
  <link rel="self" href="https://eurotrack.ai/en/sectors/services/feed.xml"/>
  <id>tag:eurotrack.ai,2026:en:en/sectors/services</id>
  <updated>2026-10-30T06:00:00Z</updated>
  <author><name>Eurotrack</name></author>
  <entry>
    <title>🤝 RoosGruppen to take about 90% of trampoline park chain JumpYard (Sweden)</title>
    <link href="https://eurotrack.ai/en/developments/07dcebd5-roosgruppen-to-take-about-90-of-trampoline-park-chain/"/>
    <id>tag:eurotrack.ai,2026:07dcebd5:en</id>
    <updated>2026-10-30T06:00:00Z</updated>
    <summary>Existing co-owner RoosGruppen is raising its stake in JumpYard to about 90%, while Cinder Invest and Freewater Invest exit; the two founders stay on as minority owners and continue to run the company. JumpYard operates 29 wholly owned trampoline parks in Sweden, Denmark, Norway, Spain and Portugal with around 1,000 staff and, after rapid expansion, now wants to prioritise profitability and lower debt. Completion is subject to competition clearance and approval from its banks and bondholders; no price was given (JY Holding, 30 Oct 2026). — Source: https://news.cision.com/se/jumpyard-concepts-ab/r/roosgruppen-blir-ny-majoritetsagare-i-jumpyard--grundarna-fortsatter-att-utveckla-bolaget,c4417890</summary>
  </entry>
  <entry>
    <title>📉 Rambøll to cut 400 management roles across the group (Denmark)</title>
    <link href="https://eurotrack.ai/en/developments/d401e477-ramboll-to-cut-400-management-roles-across-the-group/"/>
    <id>tag:eurotrack.ai,2026:d401e477:en</id>
    <updated>2026-10-27T06:00:00Z</updated>
    <summary>The engineering and consulting firm Rambøll announces 400 redundancies at management level to simplify the organisation and speed up decisions; they are due to be completed by the end of November, with an undisclosed number of voluntary departures on top. Rambøll employs about 18,000 people, around 4,000 of them in Denmark; how many of the layoffs affect Denmark is unclear. Further streamlining that could also affect staff below management level is not ruled out (Copenhagen Post, 27 Oct 2026). — Source: https://cphpost.dk/2026-10-27/news/round-up/ramboll-will-lay-off-400-employees/</summary>
  </entry>
  <entry>
    <title>🤝 Sunday PropTech to buy Dutch hotel group Fletcher (Netherlands)</title>
    <link href="https://eurotrack.ai/en/developments/2ca746a9-sunday-proptech-to-buy-dutch-hotel-group-fletcher/"/>
    <id>tag:eurotrack.ai,2026:2ca746a9:en</id>
    <updated>2026-10-26T06:00:00Z</updated>
    <summary>Sunday PropTech is taking over 100% of the Fletcher hotel group from private equity firm Egeria and management. With 170 hotels (130 owned, 40 partner hotels) in the Netherlands, Belgium and Germany and about 5,800 employees, Fletcher is the largest hotel group in the Netherlands; the release gives neither price nor closing date (Arles I B.V. via Oslo Børs, 26 Oct 2026). — Source: https://newsweb.oslobors.no/message/684766</summary>
  </entry>
  <entry>
    <title>🤝 Activeon to acquire Irish leisure group Airtastic (Norway / Ireland / United Kingdom)</title>
    <link href="https://eurotrack.ai/en/developments/d7e8ef61-activeon-to-acquire-irish-leisure-group-airtastic/"/>
    <id>tag:eurotrack.ai,2026:d7e8ef61:en</id>
    <updated>2026-10-21T06:00:00Z</updated>
    <summary>Parc Bidco, the acquisition vehicle of Norwegian leisure operator Activeon, signed the agreement to buy Funky Monkeys Playcentres (Airtastic) on 21 Oct 2026; Airtastic is a multi-activity group with sites in Ireland and Northern Ireland and an adjusted EBITDA of about €5.1m. To part-finance the deal Parc Bidco is exploring a tap issue of up to €24.9m on its bonds (€125m currently outstanding); the filing does not state the purchase price. Combined, the two would have pro forma revenue of €188.7m and adjusted EBITDA of €46.4m (Parc Bidco, stock exchange notice, 21 Oct 2026). — Source: https://newsweb.oslobors.no/message/684498</summary>
  </entry>
  <entry>
    <title>🏭 Report: Undisclosed investor to create 230 jobs in Pécs (Hungary)</title>
    <link href="https://eurotrack.ai/en/developments/cb0210b2-report-undisclosed-investor-to-create-230-jobs-in-pecs/"/>
    <id>tag:eurotrack.ai,2026:cb0210b2:en</id>
    <updated>2026-10-20T06:00:00Z</updated>
    <summary>According to Világgazdaság, the Pécs city assembly voted in closed session on 20 October 2026, at the request of an unnamed international company, to lease a municipal office building (2,139 m²) for more than ten years; the agreement took effect on 21 October 2026. A business services centre is to open there with initially 230 jobs (later up to 300), with hiring planned from next autumn; the company funds the refit of nearly HUF 460m. The investor is not named; single-source report (Világgazdaság, 22 Oct 2026). — Source: https://www.vg.hu/vilaggazdasag-magyar-gazdasag/2026/10/pecs-beruhazas-onkormanyzat-epulet-egyetemista-kapitany</summary>
  </entry>
  <entry>
    <title>📉 Arcadis to cut around 1,000 jobs across the group (Netherlands)</title>
    <link href="https://eurotrack.ai/en/developments/41fe2755-arcadis-to-cut-around-1-000-jobs-across-the-group/"/>
    <id>tag:eurotrack.ai,2026:41fe2755:en</id>
    <updated>2026-09-29T06:00:00Z</updated>
    <summary>Amsterdam-based engineering and consulting group Arcadis (over 34,000 staff in more than 30 countries) plans to cut roughly 1,000 full-time positions under the 2027–2029 strategy it presented on 29 September 2026, with the overhead adjustment targeted for 2027. It also intends to sell most of its architecture business and its China operations, which should lift the operating EBITDA margin by about one percentage point, while hiring continues in growth areas. The countries and sites affected have not yet been named (Arcadis, 29.09.2026). — Source: https://www.globenewswire.com/news-release/2026/09/29/3370381/0/en/2027-2029-strategy-arcadis-reset-focused-growth-sustainable-value.html</summary>
  </entry>
  <entry>
    <title>📉 iKanbi goes bankrupt, 86 jobs lost in Belgium (Belgium)</title>
    <link href="https://eurotrack.ai/en/developments/8cb646aa-ikanbi-goes-bankrupt-86-jobs-lost-in-belgium/"/>
    <id>tag:eurotrack.ai,2026:8cb646aa:en</id>
    <updated>2026-09-22T06:00:00Z</updated>
    <summary>The Liège business court declared call-centre operator iKanbi Belgium bankrupt on 22 September 2026. Its sister company iZuwi Europe is taking over the business with about 391 of the roughly 477 jobs, while 86 contract staff are dismissed (the unions and VRT put the figure at 88: 57 in Liège and 31 in Sint-Truiden). Reports cite TotalEnergies' decision not to renew its contract and cheaper offshore competition as triggers, and the unions CNE and SETCa criticise the takeover as carried out without any consultation (La DH, 22.09.2026). — Source: https://www.dhnet.be/regions/liege/2026/09/22/ikanbi-aux-hauts-sarts-cest-la-faillite-ZKK3GCV5LBCP5KYT27HN5BBSGY/</summary>
  </entry>
  <entry>
    <title>📉 Intrum Global Business Services to dismiss 76 of 133 staff in Lithuania (Lithuania)</title>
    <link href="https://eurotrack.ai/en/developments/1109c2a3-intrum-global-business-services-to-dismiss-76-of-133-staff/"/>
    <id>tag:eurotrack.ai,2026:1109c2a3:en</id>
    <updated>2026-09-10T06:00:00Z</updated>
    <summary>Intrum Global Business Services, a provider of IT infrastructure and data processing, has notified the Lithuanian employment service of the dismissal of 76 of its 133 employees, including 74 data administration specialists and team leaders. The reason is a decline in service volumes; affected staff are first offered termination by mutual agreement, otherwise dismissal follows. Revenue fell 35% to €8.1m in 2025 (tv3.lt citing ELTA, 10 Sep 2026). — Source: https://www.tv3.lt/naujiena/naujienos/intrum-global-business-services-atleis-76-darbuotojus-n1550462</summary>
  </entry>
  <entry>
    <title>🏚️ Cascais Miragem hotel to dismiss 177 staff for renovation (Portugal)</title>
    <link href="https://eurotrack.ai/en/developments/61f7b201-cascais-miragem-hotel-to-dismiss-177-staff-for-renovation/"/>
    <id>tag:eurotrack.ai,2026:61f7b201:en</id>
    <updated>2026-09-09T06:00:00Z</updated>
    <summary>The five-star Hotel Cascais Miragem Health &amp; Spa announced on 9 September 2026 the collective dismissal of 177 employees (142 permanent, 35 fixed-term); from 1 November 2026 the hotel will close for at least two years for a renovation worth around EUR 205 million. The union disputes the legal basis for the dismissal and is urging staff to contest it (ECO, 9 September 2026). — Source: https://eco.sapo.pt/2026/09/09/cascais-miragem-ja-comunicou-despedimentos-e-sindicato-insta-trabalhadores-a-impugnar/</summary>
  </entry>
  <entry>
    <title>🤝 Trip.com Group acquires majority stake in e-hoi (Germany)</title>
    <link href="https://eurotrack.ai/en/developments/6c064198-trip-com-group-acquires-majority-stake-in-e-hoi/"/>
    <id>tag:eurotrack.ai,2026:6c064198:en</id>
    <updated>2026-09-04T06:00:00Z</updated>
    <summary>Chinese travel group Trip.com Group completed the acquisition of a majority stake in e-hoi GmbH (Frankfurt am Main) on 4 Sep 2026, one of Europe's leading online travel agencies and cruise tour operators. Founder and CEO Detlev Schäferjohann remains a shareholder and continues in management; the purchase price was not disclosed (e-hoi blog, 4 Sep 2026). — Source: https://blog.e-hoi.de/20260904/e-hoi-wird-teil-der-trip-com-group-und-stellt-die-weichen-fuer-die-zukunft</summary>
  </entry>
  <entry>
    <title>📉 Sodexo to cut 1,097 jobs in France by 2027 (France)</title>
    <link href="https://eurotrack.ai/en/developments/695c24f7-sodexo-to-cut-1-097-jobs-in-france-by-2027/"/>
    <id>tag:eurotrack.ai,2026:695c24f7:en</id>
    <updated>2026-08-26T06:00:00Z</updated>
    <summary>Catering and facility-services group Sodexo announced on 26 August 2026 the elimination of 1,097 jobs in France by 2027: 963 at the French subsidiary Sodexo France (around 4% of its 25,000 employees) and 134 at the group headquarters in Issy-les-Moulineaux. A phase of voluntary departures is planned first, followed by a job protection plan (PSE); consultation of employee representatives began the same day. The move is justified by the 'Shift and Grow 2030' strategy presented in July, which aims to lift the margin from 3.4% to 5% (AFP via Boursorama; second source Néorestauration, 26 August 2026). — Source: https://www.boursorama.com/bourse/actualites-amp/sodexo-prevoit-de-supprimer-plus-de-1-000-emplois-en-france-590cd91449a7ffb23379d847712ba1ba</summary>
  </entry>
  <entry>
    <title>🏚️ House Limerick closes after ten years, affecting 59 jobs (Ireland)</title>
    <link href="https://eurotrack.ai/en/developments/1bb46286-house-limerick-closes-after-ten-years-affecting-59-jobs/"/>
    <id>tag:eurotrack.ai,2026:1bb46286:en</id>
    <updated>2026-08-11T06:00:00Z</updated>
    <summary>Hospitality and events venue House Limerick on Howley's Quay is closing after almost ten years in business; staff were informed on Tuesday 11 August 2026. Fifty-nine full- and part-time employees are affected. Advisory firm Interpath had been appointed joint receiver on 2 December 2025; the property and the business were subsequently sold to Tribeca Holdings, a London-based company owned by Limerick businessman Aidan Brooks. The new owner is not continuing the operation in its existing form. — Source: https://www.rte.ie/news/munster/2026/0811/1587421-house-limerick-closes/</summary>
  </entry>
  <entry>
    <title>🤝 OpenGate Capital to buy Maersk Training from A.P. Møller-Mærsk (Denmark)</title>
    <link href="https://eurotrack.ai/en/developments/a6aa9827-opengate-capital-to-buy-maersk-training-from-a-p-moller/"/>
    <id>tag:eurotrack.ai,2026:a6aa9827:en</id>
    <updated>2026-08-10T06:00:00Z</updated>
    <summary>Private equity firm OpenGate Capital has signed a definitive agreement to acquire Maersk Training and its subsidiary Maersk H2S Safety Services, which are being carved out of A.P. Møller-Mærsk. The Svendborg-based business provides safety training, simulation and hydrogen sulphide monitoring services in high-risk environments worldwide. The announcement gives no price (OpenGate Capital, 10 August 2026). — Source: https://opengatecapital.com/news/opengate-capital-to-acquire-maersk-training-the-global-safety-training-and-gas-safety-services-business-of-maersk/</summary>
  </entry>
  <entry>
    <title>🤝 Romanian antitrust body clears takeover of Engie Building Solutions (Romania)</title>
    <link href="https://eurotrack.ai/en/developments/5488325d-romanian-antitrust-body-clears-takeover-of-engie-building/"/>
    <id>tag:eurotrack.ai,2026:5488325d:en</id>
    <updated>2026-08-07T06:00:00Z</updated>
    <summary>Romania's competition authority, the Consiliul Concurenței, cleared the acquisition of building and energy services provider Engie Building Solutions SRL by holding company Specialized Services Holdings SA on 7 August 2026, finding no significant competition concerns. Founded in 2001 and based in Bucharest, the target provides property management as well as energy efficiency and decarbonisation services for industrial, office and retail buildings, and posted 2025 revenue of RON 76m with 183 employees. Specialized Services Holdings is the parent of Grupul BMF, which operates in property management; no transaction value was disclosed. Update (15.10.2026): The transaction was completed on 15.10.2026; BMF Grup, which had more than 5,000 employees and over 15 million m² of managed property before the takeover, is now the owner of the company (Economica.net, 15 Oct 2026). — Sources: https://www.ziuaconstanta.ro/stiri/actualitate/consiliul-concurentei-a-autorizat-tranzactia-prin-care-specialized-services-holdings-sa-intentioneaza-sa-preia-engie-building-solutions-srl-948753.html · https://www.economica.net/s-a-finalizat-tranzactia-prin-care-compania-romaneasca-bmf-grup-preia-engie-building-solutions_986091.html</summary>
  </entry>
  <entry>
    <title>🏚️ Whitbread to close all 106 Beefeater restaurants, 3,800 jobs (United Kingdom)</title>
    <link href="https://eurotrack.ai/en/developments/266fda43-whitbread-to-close-all-106-beefeater-restaurants-3-800-jobs/"/>
    <id>tag:eurotrack.ai,2026:266fda43:en</id>
    <updated>2026-07-25T06:00:00Z</updated>
    <summary>Premier Inn owner Whitbread is exiting the branded restaurant business entirely. On 25 July 2026 the scale and timing were first reported via the PA news agency: around 3,800 jobs are at risk and all 106 Beefeater restaurants will close on Thursday 10 September 2026. Trade publication The Caterer confirmed the closure date on 27 July 2026. The strategic decision itself was taken back in April 2026 as part of a five-year plan targeting £250m in cost savings — what is new is the date, the site list and the number of jobs. Closure dates for Brewers Fayre and Bar + Block had not been confirmed at the time of recording. Whitbread cites significantly higher costs and will focus on its hotel business alone. UPDATE (27 July 2026): Whitbread confirmed the dates for the remaining brands: the 89 Brewers Fayre restaurants close after dinner service on 7 September 2026, while the Bar + Block, Table Table and Cookhouse + Pub sites close earlier, on 3 September 2026. Around 200 restaurants are affected in total. Outcome (10 September 2026): Whitbread's exit from its branded restaurant business is complete: Bar + Block, Table Table and Cookhouse + Pub closed on 3 September 2026, all 89 Brewers Fayre sites closed on 7 September 2026, and all 106 Beefeater restaurants closed for good nationwide on 10 September 2026; around 3,800 jobs across the UK and Ireland are affected. (source: https://britbrief.co.uk/business/retail/beefeater-closes-all-106-uk-sites-today-as-whitbread-exits.html) — Source: https://www.thecaterer.com/news/whitbread-confirms-beefeater-closures-date</summary>
  </entry>
  <entry>
    <title>🤝 DERTOUR acquires remaining stake in DSR Hotel Holding (Germany)</title>
    <link href="https://eurotrack.ai/en/developments/e72d73c0-dertour-acquires-remaining-stake-in-dsr-hotel-holding/"/>
    <id>tag:eurotrack.ai,2026:e72d73c0:en</id>
    <updated>2026-07-24T06:00:00Z</updated>
    <summary>Effective 1 August 2026 DERTOUR Group (REWE Group) is acquiring, through DERTOUR Hotel &amp; Resorts GmbH, the stake in DSR Hotel Holding previously held by Deutsche Seereederei, making it the sole owner; the holding had already been raised to 74.9% in 2024. DSR Hotel Holding operates 34 hotels in Germany, Austria and Italy (brands A-ROSA, aja, HENRI plus individual properties such as Louis C. Jacob and Hotel NEPTUN) and employs more than 2,700 people. No purchase price was disclosed. — Source: https://www.dertour-group.com/strategischer-ausbau-der-hotelaktivitaeten-dertour-group-wird-alleinige-eigentuemerin-der-dsr-hotel-holding/</summary>
  </entry>
  <entry>
    <title>🤝 WSP Global tables second unsolicited offer for Arcadis (Canada / Netherlands)</title>
    <link href="https://eurotrack.ai/en/developments/e30a8695-wsp-global-tables-second-unsolicited-offer-for-arcadis/"/>
    <id>tag:eurotrack.ai,2026:e30a8695:en</id>
    <updated>2026-07-24T06:00:00Z</updated>
    <summary>Canadian engineering group WSP Global confirmed on 24 July 2026 that it had submitted a second unsolicited, non-binding proposal to Dutch competitor Arcadis at €51.50 per share — a premium of around 45.8% to the unaffected share price of 22 July 2026. Arcadis rejected an initial offer of €48.50 per share, made on 1 July, on 14 July, saying it did not address concerns about strategic and cultural fit, deal certainty and stakeholder interests. The Arcadis boards have so far not accepted WSP's invitations to talk, and no binding agreement exists. WSP does not state a total transaction value — the reported figure of around US$5bn is press reporting (second source: BNN Bloomberg, 24 July 2026). UPDATE (30 July 2026): The Arcadis board unanimously rejected WSP Global's second non-binding proposal of €51.50 per share as value-destroying. Arcadis points to its own new medium-term targets and argues that the roughly half-equity component of the offer would mean higher leverage and a lower dividend yield. Update (22 Sep 2026): WSP Global has abandoned its takeover pursuit and will not make a public offer for Arcadis, citing the lack of meaningful engagement with the Arcadis board on transaction terms; Arcadis remains independent (Arcadis press release, 22 Sep 2026: https://www.arcadis.com/en/news/global/2026/arcadis-comments-on-wsps-decision-to-not-proceed-with-its-offer). — Source: https://www.globenewswire.com/news-release/2026/07/24/3332870/0/en/WSP-confirms-submission-of-non-binding-indicative-expression-of-interest-to-Arcadis-N-V-to-acquire-all-issued-and-outstanding-shares-in-the-capital-of-Arcadis-N-V-for-an-offer-pric.html</summary>
  </entry>
  <entry>
    <title>🤝 Charterhouse to take majority of building services firm Batibig (United Kingdom / France)</title>
    <link href="https://eurotrack.ai/en/developments/59c061d3-charterhouse-to-take-majority-of-building-services-firm/"/>
    <id>tag:eurotrack.ai,2026:59c061d3:en</id>
    <updated>2026-07-22T06:00:00Z</updated>
    <summary>Charterhouse is in exclusive talks to take a majority of Batibig, a French building maintenance provider with more than 2,000 staff and over €500m of revenue; the founders remain invested and no price was given (Freshfields, 22 July 2026). Update (2 September 2026): the European Commission cleared the deal as case M.12563 (European Commission, Daily News, 2 September 2026). — Sources: https://www.freshfields.com/en/our-thinking/news/news-search/2026/07/freshfields-advises-charterhouse-capital-partners-on-its-acquisition-of-batibig · https://ec.europa.eu/commission/presscorner/detail/en/mex_26_1789</summary>
  </entry>
  <entry>
    <title>🤝 OCS Group agrees £3.1bn takeover of facilities firm Mitie (United Kingdom)</title>
    <link href="https://eurotrack.ai/en/developments/54cee589-ocs-group-agrees-3-1bn-takeover-of-facilities-firm-mitie/"/>
    <id>tag:eurotrack.ai,2026:54cee589:en</id>
    <updated>2026-07-21T06:00:00Z</updated>
    <summary>UK facilities services group OCS agreed on 21 July 2026 with the board of FTSE 250 rival Mitie (about 84,000 employees, revenue £5.6 billion in the year to March 2026) a recommended cash acquisition at 218.5p per share plus a final dividend of up to 3.1p — equity value about £3.1 billion, a 46.8% premium. Completion expected in the first quarter of 2027, followed by delisting; the combined business would have about £8.5 billion in annual revenue (RNS/Investegate, 21 July 2026; Yahoo Finance/Reuters). Note: the transaction had not previously been recorded in the tracker. — Source: https://www.investegate.co.uk/announcement/rns/mitie-group--mto/recommended-cash-acquisition-of-mitie-group-plc/9678464</summary>
  </entry>
  <entry>
    <title>🏭 Culligan invests €7m in its Portuguese operations, adding 110 jobs (Portugal)</title>
    <link href="https://eurotrack.ai/en/developments/c4ff21c7-culligan-invests-7m-in-its-portuguese-operations-adding-110/"/>
    <id>tag:eurotrack.ai,2026:c4ff21c7:en</id>
    <updated>2026-07-16T06:00:00Z</updated>
    <summary>Water-treatment provider Culligan is investing around €7 million in its Portuguese operation by the end of 2026 and creating 110 new jobs (from a base of over 460 employees across 11 branches and 7 warehouses). Second source: Jornal Económico. — Source: https://eco.sapo.pt/2026/07/16/culligan-investe-sete-milhoes-de-euros-e-cria-100-empregos-ate-ao-final-deste-ano/</summary>
  </entry>
  <entry>
    <title>🤝 Bridgepoint to take majority of laboratory group GBA (United Kingdom / Germany)</title>
    <link href="https://eurotrack.ai/en/developments/06fdbcc7-bridgepoint-to-take-majority-of-laboratory-group-gba/"/>
    <id>tag:eurotrack.ai,2026:06fdbcc7:en</id>
    <updated>2026-07-16T06:00:00Z</updated>
    <summary>Bridgepoint is buying a majority of German laboratory group GBA, with about 100 labs and sites and more than 60,000 customers, from Ardian; Ardian and management stay invested. The parties gave no price; according to Reuters the value exceeds €1bn (single-source report). Closing is expected by the end of 2026 (Private Equity Wire, 16 July 2026). Update (26 October 2026): the European Commission cleared the deal as case M.12595 (European Commission, Daily News, 26 October 2026). — Sources: https://www.privateequitywire.co.uk/bridgepoint-agrees-majority-acquisition-of-gba-group-in-deal-valued-at-more-than-e1bn/ · https://ec.europa.eu/commission/presscorner/detail/en/mex_26_2257</summary>
  </entry>
  <entry>
    <title>🏚️ Turtle Bay closes four sites under a CVA, affecting 76 jobs (United Kingdom)</title>
    <link href="https://eurotrack.ai/en/developments/6f779eb1-turtle-bay-closes-four-sites-under-a-cva-affecting-76-jobs/"/>
    <id>tag:eurotrack.ai,2026:6f779eb1:en</id>
    <updated>2026-07-16T06:00:00Z</updated>
    <summary>Caribbean restaurant chain Turtle Bay is closing four sites (Solihull, Walthamstow, York, Middlesbrough) under a creditor-approved CVA (Company Voluntary Arrangement); around 76 employees are affected. Second source: MSN/PA. — Source: https://www.thesun.co.uk/money/39780596/major-restaurant-chain-four-sites-closed/</summary>
  </entry>
  <entry>
    <title>🏚️ Concentrix to close Daugavpils site, over 100 jobs lost (Latvia)</title>
    <link href="https://eurotrack.ai/en/developments/c1efd199-concentrix-to-close-daugavpils-site-over-100-jobs-lost/"/>
    <id>tag:eurotrack.ai,2026:c1efd199:en</id>
    <updated>2026-07-07T06:00:00Z</updated>
    <summary>International BPO provider Concentrix (in Daugavpils since 2021, formerly Webhelp) will fully cease operations at the site by 1 October 2026; over 100 employees (recently averaging 350–400) lose their jobs, mainly in customer service and content moderation. Together with the LDz Cargo cuts, Daugavpils loses nearly 300 jobs at short notice (unemployment in Latgale: 9.4%). — Source: https://nra.lv/latvija/regionos/525121-concentrix-skaidro-kapec-atlaidis-cilvekus-daugavpili.htm</summary>
  </entry>
  <entry>
    <title>🤝 EQT agrees to acquire Intertek for £9.3bn (United Kingdom)</title>
    <link href="https://eurotrack.ai/en/developments/e3a532bd-eqt-agrees-to-acquire-intertek-for-9-3bn/"/>
    <id>tag:eurotrack.ai,2026:e3a532bd:en</id>
    <updated>2026-06-18T06:00:00Z</updated>
    <summary>Swedish investor EQT (EQT X funds) agreed on 18 June 2026 with the board of UK testing and certification group Intertek (Total Quality Assurance, 100+ countries) a recommended final cash offer of £60 per share plus the 107.7p final dividend — equity value about £9.3 billion (£9.5 billion incl. dividend), enterprise value about £10.7–10.9 billion. To be implemented via a court-sanctioned scheme of arrangement, completion expected in Q4 2026 or Q1 2027 (RNS/Investegate, 18 June 2026; Yahoo Finance/Reuters). Note: the transaction had not previously been recorded in the tracker. — Source: https://www.investegate.co.uk/announcement/rns/intertek-group--itrk/recommended-final-cash-offer/9625392</summary>
  </entry>
  <entry>
    <title>🤝 Accor sells Essendi stake to Blackstone and Colony (France / USA)</title>
    <link href="https://eurotrack.ai/en/developments/fa6e4a3b-accor-sells-essendi-stake-to-blackstone-and-colony/"/>
    <id>tag:eurotrack.ai,2026:fa6e4a3b:en</id>
    <updated>2026-04-02T06:00:00Z</updated>
    <summary>Accor is selling its 30.56% stake in Essendi (formerly AccorInvest) for up to €975m to a consortium of Blackstone and Colony IM; the hotels are to move gradually to 20-year franchise contracts and stay under Accor brands, and Accor plans to return most of the proceeds through an additional €500m share buyback. Completion had been expected in Q3 2026. Update (19 October 2026): the European Commission cleared the acquisition of sole control of Essendi and its hotel portfolio under the simplified procedure (Hospitality Investor, 2 April 2026; European Commission, 19 October 2026). Addendum: not previously tracked. — Sources: https://www.hospitalityinvestor.com/investment/accor-sells-stake-essendi-blackstone-led-consortium-eu975m · https://ec.europa.eu/commission/presscorner/detail/en/mex_26_2195</summary>
  </entry>
  <entry>
    <title>🏚️ CFL to close travel subsidiary CFL Evasion on 31 March 2026 (Luxembourg)</title>
    <link href="https://eurotrack.ai/en/developments/9bc308b7-cfl-to-close-travel-subsidiary-cfl-evasion-on-31-march-2026/"/>
    <id>tag:eurotrack.ai,2026:9bc308b7:en</id>
    <updated>2026-01-29T06:00:00Z</updated>
    <summary>According to a report of 29 January 2026, the Luxembourg rail group CFL is ending the activities of its travel and tourism subsidiary CFL Evasion on 31 March 2026. It justifies the step by the heavy investment in technology, training and infrastructure that the changing tourism market demands, and by CFL Evasion accounting for less than 3% of rail trips sold and so having drifted away from the core business. Trips already booked will go ahead and pass to Travel Group Luxembourg (networks We love to travel and Emile Weber, 13 agencies each); the five employees affected are being offered new roles within the group. (LOK Report, 29 Jan 2026) — Source: https://www.lok-report.de/news/europa/luxemburg/64739-luxemburg-cfl-evasion-stellt-seine-aktivitaeten-zum-31-maerz-2026-ein.html</summary>
  </entry>
  <entry>
    <title>🏚️ Grottes de Han ends century-old tram service, five dismissals (Belgium)</title>
    <link href="https://eurotrack.ai/en/developments/567127f5-grottes-de-han-ends-century-old-tram-service-five-dismissals/"/>
    <id>tag:eurotrack.ai,2026:567127f5:en</id>
    <updated>2026-01-16T06:00:00Z</updated>
    <summary>The Domaine des Grottes de Han, among the best-known show caves in Europe, is ending its roughly hundred-year-old tram service because it no longer pays its way. The vehicles belong to the Walloon transport operator TEC, which is withdrawing from this business; according to managing director François Ledent, taking them over would have required a change in the legal framework and cost about EUR 5 million, which seemed too much given falling visitor use. The closure leads to five dismissals, and two more employees lost their jobs in the Village Cocoon glamping offer, while the new climbing park created two permanent posts. (LOK Report, 16 Jan 2026) Update (23 Jan 2026): operator TEC no longer runs the line, and the five staff who operated the tram have since been dismissed. A petition calls for the tram to be kept for its heritage value (VRT NWS, 23 Jan 2026). — Sources: https://www.lok-report.de/news/europa/belgien/64448-belgien-stilllegung-der-strassenbahn-in-der-domaine-des-grottes-de-han.html · https://www.vrt.be/vrtnws/nl/2026/01/23/iconisch-trammetje-uit-pajottenland-rijdt-niet-langer-naar-grott/</summary>
  </entry>
  <entry>
    <title>🤝 Scandic to take over Dalata's hotel operations for €500m (Sweden / Ireland / United Kingdom)</title>
    <link href="https://eurotrack.ai/en/developments/4f6b6b1e-scandic-to-take-over-dalata-s-hotel-operations-for-500m/"/>
    <id>tag:eurotrack.ai,2026:4f6b6b1e:en</id>
    <updated>2025-07-15T06:00:00Z</updated>
    <summary>Scandic is taking over the hotel operations of Dalata Hotel Group, with 57 hotels and about 12,500 rooms in Ireland and the UK (Clayton and Maldron brands) plus about 1,600 rooms in the pipeline; Scandic had previously run the hotels on behalf of Pandox. The deal was first announced on 15 July 2025, with a further release on 7 November 2025. On 2 November 2026 Scandic completed the purchase, paying €500m on a cash- and debt-free basis; it now has more than 320 hotels in eleven countries (Scandic Hotels Group, 2 November 2026). — Source: https://news.cision.com/se/scandic-hotels-group-ab/r/scandic-hotels-group-slutfor-forvarvet-av-dalatas-hotellverksamhet,c4418777</summary>
  </entry>
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