M&A Deal Summary

Avolta Acquires Brasif Duty Free Shop

On March 28, 2006, Avolta acquired retailer Brasif Duty Free Shop

Acquisition Highlights
  • This is Avolta’s 1st transaction in the Retail sector.
  • This is Avolta’s 1st transaction in Brazil.

M&A Deal Summary

Date 2006-03-28
Target Brasif Duty Free Shop
Sector Retail
Buyer(s) Avolta
Deal Type Add-on Acquisition

Target

Brasif Duty Free Shop

Rio de Janeiro, Brazil
Brasif Duty Free Shop Ltda. airport duty-free operator in Brazil.

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Buyer(S) 1

Buyer

Avolta

Basel, Switzerland

Category Company
Founded 1865
Sector Retail
Employees57,679
Revenue 13.7B CHF (2024)
DESCRIPTION

Avolta is a global travel retailer with operations in 42 countries. Avolta operates around 1100 shops located at airports, cruise liners, seaports, and other touristic locations. Avolta was founded in 1865 and is based in Basel, Switzerland.


DEAL STATS #
Overall 1 of 4
Sector: Retail M&A 1 of 3
Type: Add-on Acquisition M&A Deals 1 of 4
Country: Brazil M&A 1 of 1
Year: 2006 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-04-22 Hellenic Duty Free Shops S.A.

Attica, Greece

Hellenic Duty Free Shops S.A. is a privately held company operates retail shops at airports, border stations, and ports in Greece.

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