Extraordinary operations

In March 2008, Autogrill acquired from Altadis S.A. the remaining 49.95% of Aldeasa S.A., thus raising its 49.95% stake in the capital of the company it acquired on a 50-50 basis in 2005 to 99.90%.

Having already acquired 42.7% of the share capital of Alpha Group, one of the main UK airport f&b and retail operators, on 4th June 2007 Autogrill announced it was making a cash tender offer for the remaining Alpha Group stock, as required under…

Autogrill carries forward the process of expansion in the European airport channel it began in 2005 with the acquisition of 50% of Aldeasa, entry to Northern Europe and further expansion in countries already covered.

In 1999, the Group made  a take-over bid for Host Marriott Services, the leading operator in f&b and retail services for travellers in America.

Autogrill has entered an agreement with BAA to acquire 100% of World Duty Free Europe Limited at an enterprise value of £543.5 million, or 14.5 times WDF’s Ebitda as posted in 2007 . Integration of WDF will enable the Group to generate sustainable…

The proportional partial demerger whereby Autogrill S.p.A. transferred the Travel Retail & Duty Free business to World Duty Free S.p.A. came into effect on 1 October 2013.

In 2006 Autogrill consolidated its presence in Canada and through its US subsidiary HMSHost Corporation, acquired Airport Terminal Restaurant (ATR), a division of Cara Operations Limited, Canada’s leading provider of integrated f&b services.