Case details

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Merger control
Case reference
Ccent/2026/62 - Amex TRS / LF Holdings
Acquiring
American Express Travel Related Services Company, Inc.
Description
American Express, a U.S. corporation, is a global premium payments and lifestyle brand. It operates in payment systems management, payment card issuance, merchant acquiring, and other services to consumers and businesses. Amex has four main operating segments: (i) U.S. Consumer Services; (ii) Merchant Services; (iii) International Card Services; and (iv) Global Merchant and Network Services. Amex TRS is a diversified global company providing innovative payment solutions. American Express is also present in the online restaurant reservation sector through its subsidiaries Resy Network, Inc. (“Resy”) and Tock LLC (“Tock”). Both companies operate primarily in the United States and have only a limited presence in Europe and Portugal.
Acquired
LF Holdings (France) SAS
Description
LF Holdings (France), a company incorporated under French law, is the holding company for the legal entities that make up the online restaurant reservation platform known as "The Fork".
Sector
Activity (NACE)
Applicable legislation
Notification thresholds
Type of merger
Cooperation with sector regulators
Status
Ongoing
Type of Investigation
AdC’s decision
Case description

The merger transaction consists of the acquisition by American Express Travel Related Services Company, Inc. (“Amex TRS”), a subsidiary of American Express Company (“Amex”), of sole control of LF Holdings (France) SAS (“LF”).

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