Groupe ADP: Lagardère Travel Retail to 49% of the future joint venture











Photo credit © Reuters


(Boursier.com) — ADP Group launched a public consultation on its Duty Free & Retail activities for Paris-Charles de Gaulle and Paris-Orly airports. Lagardère Travel Retail has been chosen to become Groupe ADP’s co-partner in Extime Duty Free Paris, as part of the deployment of the hospitality and Retail brand, Extime.

Extime Duty Free Paris will operate nearly 140 points of sale for beauty, gastronomy, technical products and fashion. It will be owned, subject to the authorization of the competent competition authorities, by Groupe ADP up to 51% and by Lagardère Travel Retail up to 49%.


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