Joint bid with international group Al Musbah
- 5 duty-free contracts, totalling 4,500 square metres, in 3 international airports in Saudi Arabia.
- 10-year contract for three airports.
- Estimated sales of around $80-90 million in first year at capacity, according to the two operators.
Milan , 14 May 2007 - Aldeasa S.A., the 50-50 joint-venture between Autogrill S.p.A. (Milan: AGL IM) and Altadis S.A. (Madrid: ALT SM), is to run the first duty-frees in Saudi Arabia in a partnership with the international group Al Musbah. Already in Jordan since 2000 and Kuwait since 2005, the company is now to start up in Saudi Arabia, where it has won a contract put out to tender by the local civil aviation authority (GACA) to operate five duty-free contracts in the three international airports of Riyadh (King Khaled), Jeddah (King Abdulaziz) and Dammam (King Fahad), thus confirming it as the main retail & duty-free operator in the Middle East.