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Industry buzz

Dufry exercises option to buy 20% from minority partner in Brazil

On 28th January, 2015, Dufry exercised its option to buy 20% of the equity of Dufry Lojas Francas (DLF) for a total amount of CHF 148 million from its minority partner Brasif Group. After the exercise of the option, Dufry holds 80% of DLF.

Airport shop in Santo Domingo, Dominican Republic

Airport shop in Santo Domingo, Dominican Republic

DLF is Dufry’s operating entity for new duty free businesses in Brazil, which includes the duty free operations at Guarulhos airport in Sao Paulo.

© 2015 - Brazil Beauty News - www.brazilbeautynews.com

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