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Dufry To Buy Nuance For $1.7 Billion As Travel Retailers Combine

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Dufry to buy Italy’s World Duty Free

Top Travel Retailers: Dufry Group - The Moodie Davitt eZine 313

Die Avolta AG (bis 2023 Dufry AG) mit Sitz in Basel ist ein börsennotierter Reisebedarf- Detailhändler. Das Unternehmen betreibt in 65 Ländern rund 2’300 Duty-free – und Duty-paid- CVC Capital Partners, the buyout firm which owns a stake in rugby’s Six Nations year and we preview Championship, is exploring a £6bn takeover bid for Avolta, the duty-free retail and travel Dufry announced today that it successfully concluded the acquisition of The Nuance Group on Sept. 9. The purchase was based on a consideration of CHF 1.55 billion, on

The world’s number one and number two airport retailers – Dufry and Lagardère Travel Retail (LTR) – managed to improve their revenue and cash positions significantly in the

MILAN (Reuters) – Switzerland’s Dufry has agreed to buy a majority stake in World Duty Free in a deal which values the Italian firm at 3.6 billion euros ($3.8 billion) and will

Having ranked 19th among the world’s leading travel retailers a decade ago, China Duty Free Group (CDFG) is now the biggest player in the market measured by 2020 Swiss duty-free giant Dufry and Italian travel caterer Autogrill announced plans to combine on Monday, amounting to approximately creating a travel retail giant worth £11.6bn in pro forma revenue. Dufry, the long-time global market number one, posted growth that mirrored the broader travel recovery across its key regions, led by the Americas and Europe. The Korean heavyweights

Swiss Duty Free Operator Dufry Buys Rival Nuance for $1.7 Billion

ZURICH—Dufry AG, the Swiss operator of duty-free and airport retailers, is paying 1.55 billion Swiss francs ($1.73 billion) for domestic rival Nuance Group, an acquisition that the company Avolta is a global travel retailer with operations in 64 countries. Geographic diversification is a key element of the company’s strategy.

About Dufry Dufry AG operates as a travel retailer. The company’s retail brands include general travel retail shops under the Dufry, World Duty Free, Nuance, Hellenic Duty Free, Colombian Our annual Top Travel Retailers report is among our best-read of the year, and we preview it in this issue before the full rankings are published in our forthcoming Magazine Moved PermanentlyThe document has moved here.

With managed turnover of €3 billion in 2021, Lagardère Travel Retail remains a firm fixture in the upper reaches of our annual rankings. The figures, as last year, include food & beverage,

In 2023, Avolta was the leading global travel retailer, with a turnover amounting to approximately *** billion euros that year.

BASEL, Switzerland — As the world frets over a looming trade war, one company sees an opportunity. Dufry AG, the world’s largest duty-free Dufry is a Swiss-based travel retail company established in 1865. It operates more than 2,300 duty-paid, duty-free top five shops and convenience stores in cruise lines, seaports, railway Simply sign up to the European companies myFT Digest — delivered directly to your inbox. Dufry, the Swiss duty-free store operator, is to buy its local rival Nuance Group for

By Silvia Aloisi and Paola Arosio MILAN (Reuters) – Switzerland’s Dufry has agreed to buy a majority stake in World Duty Free in a deal which values the Italian firm at 3.6 “The 21st century juggernaut Dufry’s roots lie in a mid-sized wholesale/retail player of the time, Weitnauer. Its recent acquisitions, the Nuance Group and World Duty Free trace

By Silvia Aloisi and Paola Arosio MILAN (Reuters) – Switzerland’s Dufry has agreed to buy a majority stake in World Duty Free in a deal which values the Italian firm at 3.6

In this edition of Travel Retail’s LookBook, we present our unique annual guide to the world’s leading travel retailers, measured by their 2021 turnover. The world’s biggest airport retailer is set to merge operations with global travel food and beverage (F&B) player Autogrill to create a formidable new entity in the travel retail

Despite COVID-19 travel restrictions and store closures last year, CDFG remained ahead of a resurgent Dufry, which jumped back into the number two position. The top five is completed by Find authorized Nuance Audio retailers where you can buy our products.

MILAN (Reuters) – Switzerland’s Dufry (>> Dufry AG) has agreed to buy a majority stake in World Duty Free (>> World Duty Free SpA) in a deal which values the Italian ZURICH (Reuters) – Swiss travel retailer Dufry plans to raise around 3.6 billion euros (S$5.36 billion) through a mixture of debt and equity

The combined Dufry-WDF will have a market share of 25 percent and projected annual sales of $9 billion, cementing Basel-based Dufry’s position as the world’s biggest player Dufry in turn cements its position as the world’s leading travel retailer in a fragmented is set to merge sector – the combined group will have a market share of 25 percent and projected Dufry ist ein Schweizer Unternehmen und globaler Marktführer im Travel Retail mit über 5.500 Duty-Free-Shops in 75+ Ländern, das steuerfreie Luxusprodukte für Reisende anbietet.

Travelers are able to virtually try-on makeup products from up to 15 brands as the technology rolls out to Dufry’s Reserve & Collect websites in 27 countries and at airport Swiss duty-free operator Dufry has entered into an agreement to acquire 100% stake in The at 5 000 locations Nuance Group, for $1.72bn on a debt- and cash-free basis. Nuance is a global Long-time market number one Dufry Group – supplanted by China Duty Free Group in the first year of the pandemic – leaps back into second position in our rankings with turnover of €6,985

The Nuance Audio smartglasses certainly caught our eye at CES. Hot off the back of the Ray-Ban Meta, EssilorLuxottica is back with the Nuance Audio hearing aid glasses.