Dufry/DFASS joint venture wins new concession in Colombia
- January 31 2017 12:57 PM
A Dufry/DFASS joint venture has been awarded the operation of the duty free shops at El Dorado International Airport, Bogota.
The 10-year concession agreement signed with the airport operator, Opain SA, will comprise close to 2,200 square meters of retail space, which includes shops in the upcoming expanded area of the North terminal, currently under construction.
El Dorado International is the largest airport in Colombia and the main international and domestic air gateway in the country. In 2015 the airport welcomed over 30 million passengers, ranking third in Latin America.
With the new concession, Dufry adds a new market to its portfolio and DFASS expands its operations in Colombia. Both companies further consolidate their strong presence in Latin America.
With Dufry being responsible for the retail activities, the joint venture will operate in total three shops in the Departures areas of the North terminal, including two stores of 1,300 square meters in the existing area and 880 square meters of new space in the extended area.
The stores will offer the traditional core duty free mix, such as wine and spirits, perfumes and cosmetics, confectionery, watches, tobacco, fashion and accessories.
Following Dufry’s plan to roll out the Hudson concept internationally, it is also expected to open a shop with Hudson’s convenience assortment to complement the duty free offer.
Julían Díaz, CEO, Dufry Group, said: “I am pleased to announce our first concession contract in Colombia. With the start in this new country for Dufry, we will consolidate further our presence in Latin America. We have been operating in many locations across Latin America for many years and the expansion of our presence into a new market like Colombia shows again Dufry’s experience and knowledge in offering competitive retail solutions for airport operators across the world.
“We are excited to work with Opain to develop El Dorado airport further. Last but not least, we look forward to the cooperation with our partner DFASS and we will work together closely to bring customers another world class shopping experience. In particular, I appreciate the long relationship with Bernard Klepach and our ongoing successful partnership, which has now been extended into South America.”
Klepach, CEO and Chairman, DFASS Group, added: “We are both proud and excited about the new concession in Bogota. DFASS’ current inflight concession with Avianca and duty free stores at El Dorado International Airport have provided a unique platform to grow our retail footprint in the region.
“Our 20 years of operating experience in this market were a key factor in Opain’s decision to award the concession to the joint venture. We are looking forward to working with Dufry to leverage the expertise and retail knowledge of both our organizations, and to deliver an unparalleled retail offering with an enhanced digital platform for the airport passengers and staff.
“Additionally, we appreciate the partnership and commitment of Julian Diaz and Rene Riedi, Division CEO Latin America of Dufry, as we venture forward in this tremendous new project. I have great respect for Julian, whose personal involvement and support has been crucial. This concession represents yet another expression of the joint potential for our organizations.”
Andres Ortega Rezk, CEO, Opain, said: “We are extremely pleased to have received such a strong proposal from the Dufry/DFASS joint venture, and we award the duty free/specialty concession with the confidence of having chosen the perfect partners for Opain and El Dorado International Airport. It is the collective global experience, operational strength, breadth of brands and local expertise which solidified our decision. We therefore look forward to a smooth transition as the joint venture takes over the current spaces and proceeds to develop the new retail operations in conjunction with our terminal expansion.”