MILAN, Italy – Autogrill (Milan: AGL IM) announces that its subsidiary Holding de Participations Autogrill S.a.s. has completed the transfer to Elior Group, of its entire investment in Autogrill Restauration Service S.a.s., which manages Autogrill’s food & beverage business in some French railway stations, which is worth around €50 million in annual revenues.
Autogrill announced on 19 May that it had granted Elior Group exclusive negotiation till 31 July 2016.
The price agreed between the parties for the transfer of 100% of the share capital of Autogrill Restauration Service is €27.5 millions.
