Milan, 18 October 2005 - Aldeasa S.A., the world’s fourth biggest airport Retail & Duty-Free operator, owned 50% by Autogrill S.p.A. (Milan: AGL IM) and 50% by Altadis S.A. (Madrid: ALT SM), has won the tender to manage Kuwait International Airport’s Duty-Free retail stores in alliance with its local partner ThatEs Salasil. Including Canada and Kuwait, the Company now operates in 14 countries worldwide.
The license to operate comes into effect next February for a six-year term and can be extended for one year under the same terms and conditions. The longstanding credibility of Aldeasa’s local partner form the cornerstone of this innovative proposal, which is now to be fully developed in close collaboration with the Directorate General of Civil Aviation (DGCA), the local airport authorities. In the first year of operations Aldeasa expects to generate a turnover of around $40m.
Effective as from November 1st, 2023, the company Autogrill S.p.A. was merged into the company World Duty Free S.r.l., which at the same time was transformed into a joint-stock company with the name World Duty Free S.p.A..
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As a result of the aforementioned corporate transaction, the content and information published on this website are intended to be current as of November 1, 2023, after which they have not been updated.
For information and updates regarding Autogrill's Italian business, please consult the official website of Autogrill Italia S.p.A., available at www.autogrill.it