HMSHost in $172m Russian F&B deal
By Kevin Rozario |
Italy’s Autogrill Group, through its HMSHost International division, has tied up with Novikov Group and Ginza Project to set up Autogrill Russia, to provide food and beverage services at Russia’s third biggest airport, St Petersburg’s Pulkovo International (pictured).
Under the terms of the agreement, the new company (60% HMSHost International, 40% split equally between the two partners), will operate eight points of sale in the airport for seven years. The concession is expected to generate revenues of around €130m ($172m) from 2014 to 2021.
Autogrill says: “The F&B offering in the stores in Terminal A and the new North Pier (intercontinental flights) will have an original mix of local and international concepts.” The company will be introducing brands like Kamchatka, a typical 1970s Russian-style pub created by celebrity chef Arkady Novikov, and O’Reilly’s Irish Pub.
There will also be Autogrill-developed concepts like coffee and bakery shop Puro Gusto, and Ice Bar, a metropolitan style lounge.
Pulkovo International processed over 11 million passengers in 2012 (+16%) of which over 50% were international. It is forecast to have 17m annual passengers by 2020.
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