De Brauw has advised Royal Schiphol Group, a Dutch airport management company, on its joint venture with Lagardère Travel Retail, a France-based global travel retailer

The two companies have joined forces to establish a new joint venture, which will be granted a 10-year concession agreement to operate all retail activities behind security control for the core categories of Perfumes & Cosmetics, Sunglasses, and Liquor, Confectionery & Tobacco (currently covering approximately 25 stores).

This cooperation will take place through a joint venture in which Lagardère Travel Retail holds 70% of the shares and Royal Schiphol Group 30%. With this, Royal Schiphol Group is taking a significant step towards renewing the airport's retail offering and enhancing the passenger experience.