Company Watch - Alpha Airports.Aug 20, 2007 European Commission European Commission, branch of the governing body of the European Union (EU) invested with executive and some legislative powers. Located in Brussels, Belgium, it was founded in 1967 when the three treaty organizations comprising what was then the European Community cleared the acquisition of airline and airport retail and catering company Alpha Airports by Italy's Autogrill. The companies' combined market share in the airports catering services market is approximately 42% in Ireland, but the competition authority concluded that this "high market share" does not raise concerns because "concessions foodservices are granted for a limited period through regular tenders, following a transparent competitive international bidding process, where a large number of candidates participate." The deal reportedly valued Alpha at nearly $400 million. Aug 14, 2007 Alpha Airports provides in-flight catering and retail services, as well as running duty-free shops at airports. The deal valued Alpha Airports at GBP GBP In currencies, this is the abbreviation for the British Pound. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 193.6 million pounds (USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. $391.6 million). At the time of announcing the deal, Alpha said it would add airline catering to its existing focus on selling food and drink to people on the move. Autogrill sells food and drink along motorways and in rail stations and airports in 32 countries. The firm, whose catering contracts include the cafeteria at the Louvre museum Louvre Museum National museum and art gallery of France, in Paris. It was built as a royal residence, begun under Francis I in 1546 on the site of a 12th-century fortress. in Paris, is 57.1 percent controlled by the Benetton family Four members of the Italian Benetton family founded the Benetton Group S.p.A. clothing company in 1965. The three brothers and one sister were all born in Treviso, Veneto, Italy. through the holding company Schematrentaquattro. Aug 13, 2007 EU Clears Alpha Airports Purchase. Italy's Autogrill, the world's biggest caterer for travellers, won permission on Monday from the European Commission to buy airline services firm Alpha Airports. The Commission said it focused on concession food services food services Hospital services A 24/7 department in a hospital that provides for the nutritional needs of inpatients–eg, those needing special diets, preparing meals and transporting them to the floor and, through the cafeteria, the hospital staff and at Dublin Airport Dublin Airport (IATA: DUB, ICAO: EIDW), or Aerfort Bhaile Átha Cliath in Irish, is operated by the Dublin Airport Authority plc. Located in Collinstown, in the Fingal part of County Dublin, it is by far the busiest airport in Ireland and is ranked as 14th , where it found a narrow market. But the Commission said "concessions food services are granted for a limited period through regular tenders, following a transparent competitive international bidding process." Aug 13, 2007 Editorial eMail: edit@AirGuideOnline.com For Air Transport & Travel Business Experts contact our Director of Content Aram Gesar eMail: bizintel@AirGuideOnline.com For more global news, reviews, features and analysis, please subscribe to Verb 1. subscribe to - receive or obtain regularly; "We take the Times every day" subscribe, take buy, purchase - obtain by purchase; acquire by means of a financial transaction; "The family purchased a new car"; "The conglomerate acquired a new company"; our Newsletters: http://www.airguideonline.com/order_formsubs.htm#news To Advertise: advert@AirGuideOnline.com AirGuideFlightTracker is a new service that keeps travelers informed on flight and airport status via the Web. For more go to http://www.airguideonline.com/airline_tracker.htm Copyright [c] 2007 Pyramid Media Group / Air Travel Media. All rights reserved. |
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