Milestones & history

Dufry has more than 50 years of experience in travel retail – just one reason that has contributed to the success of the company as one of the leading travel retailers worldwide.

2008 Acquisition of a 10% stake in Hudson Group, a US based travel retailer with a turnover of more than USD 630 million and 550 shops in 69 airports and transportation
terminals in the United States and Canada
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. (DSA) 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 - Dufry makes a quantum leap in South America

2005

Dufry becomes a publicly listed company – its shares being listed on SWX Swiss Exchange (December 6)

Acquisition of the remaining 25% share capital from previous shareholders by a consortium led by Advent International Corporation (July)

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 (February)
2003 Name change 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 Company founded as a retailer in Switzerland under the name of  Weitnauer