Dufry AG is a leading global travel retailer operating more than 1,600 duty-free and duty-paid shops in airports, cruise lines, seaports, railway stations and downtown tourist areas. Dufry agreed to acquire 100% of fellow airport retailer, The Nuance Group, for a consideration of CHF1.55 billion (EUR1.27 billion) in 2014. Dufry continued its expansion with the acquisition of Benetton family's 50.1% stake in World Duty Free (WDF) for EUR10.25 per share in 2015. The company rebranded and launched a new logo in Jan-2017 to reflect the integration of Nuance and World Duty Free. Dufry, headquartered in Basel, Switzerland, operates in 58 countries in Europe, North America, Central America & the Caribbean, South America, Asia and Africa. Dufry Limited is publicly listed in Switzerland and Brazil.
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