Aldeasa to start up in India after winning an airport duty-free concession in Mumbai (former Bombay)

  • Expected accumulated sales of around $300 million over the 3-year contract
  • Bid submitted in a 50-50 joint venture with the Indian public holding ITDC (Indian Tourism Development Corporation), the country’s main duty-free operator
  • Chhatrapati Shivaji International Airport, Mumbai, is India’s biggest airport by number of passengers, with 17.5 million in 2006, and the most important in Southern Asia
Tuesday, February 27, 2007 - 18:43

Milan , 27 February 2007 - Aldeasa S.A., a leading international airport retail operator and a 50-50 joint-venture between Autogrill S.p.A. (Milan: AGL IM) and Altadis S.A. (Madrid: ALT SM), is starting up in India, having won a contract to manage four duty-free stores in Chhatrapati Shivaji International Airport, Mumbai (former Bombay), the country’s biggest airport in terms of passenger traffic. The operation is a further step in Autogrill’s expansion in Asia, where it is already active, through its American division HMSHost, in the airports of Kuala Lumpur in Malaysia and Bangalore in India.