Established in 1977, the Autogrill Group operates almost exclusively in three business segments: catering ("Food & Beverage" or "F&B"), airport retail ("Travel Retail & Duty Free" or "TR&DF"), and the provision to airlines of products and services for catering and on-board retail ("Flight”). Autogrill was privatised by the Italian Government in 1995 and acquired Host Marriott Services (renamed HMSHost) in 1999. The company acquired 50% of Spanish-based airport duty-free retailer Aldeasa in 2005 and the remainder in 2008. The integration of Alpha's operations was completed in 2008.
In Jul-2022, Dufry and Autogrill announced plans to combine their businesses. Edizione, through a wholly owned subsidiary, will transfer its 50.3% stake in Autogrill to Dufry. The transfer is expected to close in 1Q2023. Following the transfer, Dufry will launch a mandatory tender offer for the remaining Autogrill shares. At closing, which is expected to be completed by 2Q2023, Edizione will become the major shareholder in the combined entity.
In May-2023, Dufry announced it holds approximately 87.13% of the share capital of Autogrill, based on preliminary results of the initial tender period for Autogrill shares.
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