Linklaters advises gategroup on the sale of the EuroShop stores
Linklaters has advised gategroup, the leading independent provider of services to the travel industry, on the sale of its EuroShop stores, based at airports and ferries in Poland and Estonia, to Lagardère Travel Retail.
Linklaters Warsaw has provided comprehensive legal advice and support to the seller in all major legal aspects of the deal, from the preparation and negotiations of transaction documents through to signing and closing. The legal team was managed by Daniel Cousens (partner, corporate) and Klaudia Królak (managing associate, corporate).
gategroup has disposed of its EuroShop branded portfolio of five outlets at Warsaw Modlin Airport, duty free operations on Polish Unity Line ferries, as well as the assets of IFS Estonia, comprising three stores at Tallinn Airport and one store at a seaport. In total, the surface of the sold retail stores is 300 sq. m.