ORECA announces today the acquisition of the parisian agencies Facets Events and Facets La Tour Voyages.
Complementary know-how to ORECA Group’s existing event activities
By complementing the specific expertise of ORECA Events such as driving experience, product training or event-driven motorsport, this acquisition enriches the company’s event-related know-how in the core business areas of FACETS: corporate components, press, incentive & travel and consolidate the Group’s leading position in the event industry.
By mobilizing their common expertise while maintaining their autonomy, the three entities (ORECA Events, Facets Events & Facets Travel Tour) are now creating global and value-added event solutions offer.
“The choice of the Facets Group was guided by its DNA with strong automotive connotations, the expertise, the know-how and the human values of the teams that compose it. Based on the complementarity of the three agencies, our goal is both to bring a wider range of know-how to our partners and customers, but also to create new innovative solutions.” Confirms Raphael DE CHAUNAC, Vice-President of the ORECA Group.
Facets Events and Facets La Tour Voyages will now be part of the ORECA Group’s event division while remaining autonomous in their premises in the 8th arrondissement of Paris. These become the offices of the ORECA Group officially established in the centre of the capital.
An important step
The ORECA Group’s philosophy has been rooted since its inception in a desire for development guided by a taste for challenge and the will to undertake. This growth dynamic follows a global roadmap that concerns each of the Group’s activities.
“The integration of Facets Events and Facets La Tour Voyages is the first phase of a multi-activity development for the company and constitutes an important step for the event activity of our company. end in itself but rather a starting point.” Jean-Philippe EDDAIKRA, Director of Development.
This is a full acquisition by ORECA and Facets, which has 12 employees, makes 5 million euros in sales.
Originally a racing team, the ORECA company has been developing for more than 45 years intending to cover all sectors related to motorsport. ORECA Racing, via the ORECA Team, has won in all disciplines in competition: single-seater, endurance, super touring, rally and rally-raid. ORECA Events supports automotive companies and advertisers from all walks of life on corporate, brand & business issues. The agency designs and organizes events, in France and internationally, targeting all audiences: internal, network, end customers and media. ORECA Store is today the leading boutique in the sale of equipment and accessories, with 30,000 references for enthusiasts and practitioners. Lastly, ORECA Technology has a design office and state-of-the-art facilities that have enabled the Group to become a manufacturer of racing prototypes.
Facets Events is an agency located in the heart of Paris, with more than 30 years of experience in program design and management. Specialized in travel and events, FACETS relies on flawless logistics, an experienced and responsive team that listens to the needs of its audiences. Beyond the design of events or trips, FACETS plays an advisory role through a sharp analysis of projects combined with a strong corporate culture.