The story
In 1963 AC Restaurants was started as a part of the retailer corporation Albert Heijn (later Ahold). The letter combination AC stands for Alberts Corner.
Since 1998 AC Restaurants & Hotels was bought by the Italian corporation Autogrill. Autogrill is controlled by Schematrentaquattro S.R.L. a company of the Benetton family, including through Sintonia SA is the main shareholder of the Italian motorway Autostrade SpA.
From Wikipedia’s article on AC Restaurants, shared under CC BY-SA 4.0.3
