Lagardère Travel Retail has acquired Aichinger Gastro, marking the company’s entry into Munich Airport, Germany’s second-largest airport.
The acquisition adds six foodservice outlets to its German operations, further strengthening the company’s presence across the country’s leading airport hubs and supporting its development plans in Germany.
Its entry into Munich complements this network, following significant business developments at Frankfurt and Düsseldorf, and further broadens its reach across Germany’s leading airports.
The acquisition is also in line with Lagardère Travel Retail Germany’s development plans, which aim to build on its position in German airports and pursue further growth across both travel retail and foodservice.
Following the acquisition, Lagardère Travel Retail will work closely with the Aichinger family and the local management team to ensure continuity for employees, airport partners and travellers.
Lucio Rossetto, COO Europe & North America at Lagardère Travel Retail, said: “Our development across Europe is driven by a clear ambition: to build on our positions in key markets while continuing to expand our reach through relevant growth opportunities.
“The acquisition of Aichinger Gastro is fully in line with this approach. It establishes our presence at Munich Airport and adds one of Germany’s leading aviation hubs to our European network.
“It is another step in the development of our footprint and expertise across the continent.”
