M&A Deal Summary |
|
|---|---|
| Date | 2019-07-25 |
| Target | International Duty Free |
| Sector | Retail |
| Buyer(s) | Lagardère Travel Retail |
| Deal Type | Add-on Acquisition |
| Deal Value | 250M EUR |
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Lagardère Travel Retail is active in proximity retail, among others at train stations and airports, directly operating a network of 220 points of sale, with strong, familiar brands like Press Shop and Relay, selling a wide variety of products and services. Lagardère Travel Retail also distributes newspapers and magazines to some 5 345 points of sale. It has also recently built up a network of some 735 parcel pick-up and delivery points in Belgium under the Kariboo! brand, as well as other value-added e-commerce solutions.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Retail M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| Country: Belgium M&A | 1 of 1 |
| Year: 2019 M&A | 1 of 1 |
