Brasif deal takes Dufry closer to world leadership

John Rimmer

1-Apr-2006

BRAZIL. Dufry Group has taken a step closer to achieving its aim to become "the world's most profitable travel retailer" with the purchase of Brasif Duty Free Shop, Latin America's biggest operator

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The $500m deal, completed on March 23, includes Brasif's logistics division Eurotrade, valued at $250m. Dufry has established a new division, Dufry Latin America, to operate the two businesses. Brasif's

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(20-Mar-2006) - The Swiss group has signed a binding agreement to buy Latin America's biggest travel retailer along with its logistics division Eurotrade, hailed as "a great move" by Dufry CEO Julián Díaz
(15-Sep-2006) - INTERNATIONAL. Dufry Group has recorded impressive first-half profits and turnover following the acquisition of Brasif Duty Free Shop, South America's biggest travel retailer, in March
(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
(26-Jun-2006) - Former Brasif purchase director appointed Americas buyer
(27-Mar-2006) - Dufry Group and owner Advent International have completed the acquisition of leading Brazilian travel retailer Brasif Duty Free Shop