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Norwegian investment firm to buy SAS Trading: DFNI Exclusive by Lorna StricklandNorwegian investment firm to buy SAS Trading: DFNI Exclusive by Lorna Strickland
Lorna Strickland
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)
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Jotunfjell will buy the Norwegian and Swedish parts of the business (SAS Trading Norway and Euroshop Retail Sweden) including all of its duty-free outlets, plus SAS Trading's confectionery and fashion
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(17-Jun-2005) - The Scandinavian retailer will sell its Norwegian and Swedish retail businesses to Jotunfjell Partners
(1-Nov-2005) -
(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
(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