15 May 2015

Schiphol Group sells 60% of shares in Schiphol Airport Retail to Gebr. Heinemann

De Brauw Blackstone Westbroek advised Schiphol Group on establishing a joint venture with Gebr. Heinemann for the retail operations of liquor, tobacco and confectionary in the shopping area after ticket and passport control at Amsterdam Airport Schiphol.

Gebr. Heinemann takes a 60% stake in Schiphol Airport Retail (SAR), Schiphol Group keeps 40% of the shares. The joint venture will continue to operate under the name of Schiphol Airport Retail (SAR).

De Brauw acted as legal counsel to Schiphol and Michael Schouten was lead partner.