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Taihoh Global merges with sister companyTaihoh Global merges with sister company
15-Feb-2003
Osaka Kansai International airport operator Taihoh Global is to merge with its sister company Kansai International Airport Industry Co (KAI), effective from March 1
Both companies are part of the KAB group.
KAI operates restaurants and gift shops at Osaka Itami, Kansai and Tokyo Narita airports and is the main constituent of the group. Taihoh Global will be dissolved upon the merger, but its staff and structure will remain largely unchanged. Setsuo Amami will continue to run the company's duty-free business.
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(27-Sep-2001) - 2001 will be viewed in time to come as a landmark year for King Power Group. Its joint venture with China Duty Free might have made the biggest headlines, but its deal with Kansai operator Taihoh Global?exclusively revealed in DFNI?will help it build a significant presence in the insular Japanese duty-free industry.
(31-Aug-2001) - JAPAN. King Power Group has made its most significant step into the Japanese duty-free market since subsidiary King Power (Japan) was established a year ago. Exclusive: By John Rimmer