Autogrill signs 30-year extension of Maine Turnpike service area concession for $1bn sales

  • The contract runs from 2007, covering 5 service areas, of which 1 new and 4 to be restructured
  • The motorway channel in North America has 112 locations on 13 US and 2 Canadian highways
Thursday, March 2, 2006 - 13:33

Milan, 02 March 2006 - Through its American subsidiary HMSHost Corp., Autogrill Group (Milan: AGL IM) has signed an agreement with the Maine Turnpike Authority to extend its highway service area food & beverage concession for a further period of 30 years, from 2007 to 2037. The operation will generate accumulated sales of around $1 billion.

Under the agreement, HMSHost and the Maine Turnpike Authority will rebuild and upgrade the four existing higher density traffic service areas – Kennebunk North, Kennebunk South, Cumberland and Gray – and build a new location in the West Gardiner area, near the intersection of the Turnpike with Interstate 295.