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Germany Buys Leading Russian Duty-Free Retailer Kapo

  • 2 Aug 10:15

German companyGebr Heinemannhas expanded its presence in Russia by acquiring Kapo Duty-Free, the country’s leading border-shop duty-free retailer,TRBusinessreported. Kapo operates 12 border shops as well as three smaller regional airport stores in Russia. It has been a Gebr Heinemann wholesale customer for over 20 years, Heinemann noted, referring to “a good, long-standing partnership between the two companies”. Kapo’s main border shops are in Torfjanovka and Svetogorsk (on the Russian/ Finnish border) and in Zabaikalsk (on the Russian/Chinese border). In the future, Gebr Heinemann will be represented in Russia with around 12 border shops. Read more...