Dufry AG is a Swiss-based travel retailer which operates duty-free and duty-paid shops and convenience stores in airports, cruise lines, seaports, railway stations and central tourist areas. The company, headquartered in Basel, employs almost 36,000 people and operates in over 65 countries worldwide. It is publicly traded on the SIX Swiss Exchange.
In addition, Dufry is also used as a brand name for some general travel retail shops.
History
The company owns stores at airports, railway stations, and ports, and operates concessions onboard airlines and cruise ships. Milestones and History
2019: Dufry acquires a 60% stake of RegStaer Vnukovo.
2018: Dufry's subsidiary Hudson Ltd. listed on the New York Stock Exchange with its first trading day on February 1, 2018
2016: Renewal of existing concession contracts. Company is included in the Swiss Leader Index, compiled of the 30 largest Swiss Corporations listed on the SIX Swiss Exchange.
2014: Acquisition of :de:The Nuance Group|The Nuance Group
2012: Acquisition of 51% of joint venture with RegStaer Group in Russia. Acquisition of 51% of travel retail operations of Folli Follie Group in Greece
2011: Acquisitions of retail companies within Argentina, Uruguay, Ecuador, Martinique and Armenia, involve 21 duty-free shops split between ten airports
2010: Merger of Dufry Ltd. With Dufry South America Ltd.
2007: Acquisition of one of the main travel retail operator in the Caribbean based in Puerto Rico with 23 shops in Puerto Rico and other Caribbean locations.
2006: Initial Public Offering of Dufry South America Ltd. in December. Trading of the shares on the Brazilian and Luxembourg stock exchanges. Acquisition of the Brazilian travel retailer Brasif and its logistic platform Eurotrade.
2005: Dufry becomes a publicly listed company - its shares being listed on SIX Swiss Exchange. Acquisition of the remaining 25% share capital from previous shareholders by a consortium led by Advent International Corporation. Change of logo / corporate design.
2004: Consortium led by Advent International Corporation acquires 75% of outstanding share capital of Dufry. Focusing of strategy on travel retail - divestment of wholesale and non-strategic activities.
2003: Name changes to Dufry.
1952: Start of duty-free retail business - opening of the first duty-free shop in continental Europe in Paris/Le Bourget.
1948: Start of duty-free wholesale business.
1865: Origin of the group.
Location
Some of the principal locations of the company are:
