Schiphol Group sells 60% of retail shares to Gebr Heinemann

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Schiphol Group has sold 60% of the shares for the liquor, tobacco and confectionary retail section at Amsterdam Airport Schiphol to concessionaire Gebr Heinemann.

The joint venture means that Schiphol Group retains 40% of the shares going forward and that the retail section will continue to operate under the name Schiphol Airport Retail (SAR).

It is expected SAR will benefit from the experience that Gebr Heinemann has gained in the duty free, travel retail and e-commerce sectors. As a result of the agreement, Schiphol Group expects to generate a book profit in the first half of 2015.

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Helen has worked for UKi Media & Events for nearly a decade. She joined the company as assistant editor on Passenger Terminal World and since progressed to become editor of five publications, covering everything from aviation, logistics and e-commerce to meteorology. She has a love for travel and property and has redeveloped three houses in three years. When she’s not editing magazines, she’s running around after her two boys and their partner in crime, Pete the pug.

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