Autogrill enters Indonesia, strengthens Asia presence

  • Estimated total revenues of around US$90m in 2014-2018
  • 16 points of sale at Bali-Ngurah Rai, Surabaya-Juanda and Balikpapan Sepinggan airports
Friday, November 29, 2013 - 08:15

Milan , 29 November 2013 - Autogrill Group (Milan: AGL IM) continues its expansion in Asia and enters Indonesia having won three 5-year contracts to operate 16 points of sale, 11 at Ngurah Rai International Airport in Bali, two at the Surabaya-Juanda hub and three at Balikpapan Sepinggan Airport. The business will be run by ATG Indonesia, the new company set up via a joint venture between Autogrill’s HMSHost International division and Taurus Gemilang, a local airport Food & Beverage operator. These concessions are expected to generate total revenues of around US$90m over the 2014-2018 period.