Big acquisitions fuel continued growth for Dufry in South America
Gavin Lipsith
15-Sep-2007
The bulk of Dufry Group’s growth has emerged from South America over the past year, with big acquisitions driving sales. DFNI examines the group’s recent performance in the region
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Dufry Groups impressive growth continued in the first half of the year, with sales up by 44% compared with the same period last year. Although a large proportion of this26%........
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(19-Dec-2006) -
(15-Nov-2006) - SOUTH AMERICA. The announcement of Dufry’s forthcoming IPO for its subsidiary Dufry South America (DSA) probably took its direct competitors by surprise, and they will now be trying to anticipate the Switzerland-based retailer’s next move
(1-Dec-2006) - Dufry Group South America will launch its Initial Public Offering (IPO) on December 5 with market capitalisation estimated at between $680m and $810m
(30-Nov-2007) - The company has extended its existing contract with airport authority SEA Aeroporti di Milano from 2020 until at least 2041
(30-Oct-2006) - Just months after its acquisition of South America’s biggest travel-retail operator Brasif, Dufry Group is to launch a public offering for its business in the region

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Big acquisitions fuel continued growth for Dufry in South America