Jotunfjell on familiar ground

Lorna Strickland

1-Nov-2005

Norwegian investment firm Jotunfjell Partners has had a busy year. After a period of absence from travel-retail it has bought SAS Trading's business in Norway and Sweden and is keen to buy its remaining operation in Denmark. Lorna Strickland reports

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The gradual withdrawal of SAS Trading from travel-retail has been one of the stories of the past year in the Nordic trade. The company lost the crucial Norwegian airport duty-free

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(15-Jun-2005) - SCANDINAVIA. SAS Trading has confirmed that it is to sell parts of its airport retail business to Norwegian investment company Jotunfjell Partners, following the sale of its eastern European business to Inflight Service earlier this year (DFNI March 15)
(1-Nov-2005) -
(1-Nov-2005) - DENMARK. Scandinavian Airlines System (SAS) is on the verge of completing its withdrawal from airport retail after receiving three bids for its remaining SAS Trading business in Denmark
(15-Jan-2006) - SCANDINAVIA. Norwegian investment firm Jotunfjell Partners has ended its duty-free supply contract with Inflight Service, appointing Gebr Heinemann as its new exclusive supplier and purchaser
(17-Jun-2005) - The Scandinavian retailer will sell its Norwegian and Swedish retail businesses to Jotunfjell Partners