Milano , 25 March 2002 - HMSHost, Autogrill’s US subsidiary, said it had acquired full ownership of SMSI Travel Centres Inc. for a price of 34,3 million euro. The new acquisition reported revenues equivalent to approximately 57 million euro in 2001, with EBITDA standing at 9% of revenues.
SMSI provides food & beverage services in 18 travel plazas on Highways 400 and 401, the two main highways in Ontario, Canada’s wealthiest and most densely populated region.
The company Autogrill S.p.A. was merged into the company World Duty Free S.r.l. effective as from November 1st, 2023 .
At the same time, the company World Duty Free S.r.l. was transformed into a joint-stock company with the name World Duty Free S.p.A..