Autogrill renews a 50-year concession on Canada’s two main highways

  • Estimated more than CAD $ 100 million a year revenues and accumulated revenues of over CAD $ 9 billion in whole concession period
  • Operation of food & beverage services in 23 service centres, seven are incremental to HMSHost’s previous operations
  • Agreement with Ontario’s Ministry of Transportation, in a joint-venture with Canadian firm Kilmer Van Nostrand Co. Limited
Wednesday, April 7, 2010 - 08:20

Milan , 07 April 2010 -Through its American division HMSHost, Autogrill Group (Milan: AGL IM) has renewed a contract with Ontario’s Ministry of Transportation to build and operate 23 service centres on Canada’s two busiest motorways, Highways 400 and 401. Reaching their new capacity in 2013, the service areas are expected to generate more than CAD $100 million a year revenues and sales in excess of CAD $9 billion over the 50-year agreement period.

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