Continuing successful collaboration: Gebr. Heinemann Retail ApS and Copenhagen Airports A/S extend c

Copenhagen, 25 April 2017. 10 years of successful collaboration between Gebr. Heinemann, that operates six tax-free shops with a total area of approx. 3,600 m² at Copenhagen, and Copenhagen Airports A/S, are being continued: Thomas Woldbye, CEO of Copenhagen Airports A/S, as well as Raoul Spanger, Executive Director Retail at Gebr. Heinemann, today signed the early agreement extension for an additional 5 years prolonging the cooperation from 1 March 2018. Initial exploratory negotiations had already begun in good time to clarify options for extending the agreement early, which officially runs until February 2018, in light of long-term infrastructure plans on Copenhagen Airport. These talks came to a successful conclusion.

“I’m delighted that we have attained this early agreement extension, as it not only highlights our partner’s trust in us, but it also reflects the success of our company, as well as our brand at the Copenhagen site”, said Raoul Spanger, Executive Director Retail at Gebr. Heinemann. “In this respect, we will start converting our main shop in Terminal 2, which will be a benchmark for modern duty free shops with a completely new design and an even stronger presence for our focus on ‘Local Sense’.” Chief Commercial Officer, Peter Krogsgaard, from Copenhagen Airport is also pleased with the continued collaboration: “A new prolongation with Heinemann allows us to plan our current airport development, which is needed to serve our growing passenger numbers and to offer our passengers the very best of airport retail. It is a pleasure to prolong a fruitful partnership that will secure our passengers the best retail solutions, newest brands and with guaranteed savings.”

On 1 March 2017, Gebr. Heinemann Retail ApS celebrated its 10-year anniversary at the Copenhagen site, which employs around 350 employees.

Gebr. Heinemann Retail ApS

The six Tax Free shops* at Copenhagen Airport are managed by Heinemann Retail ApS, a wholly owned subsidiary of Gebr. Heinemann SE & Co.KG. The Copenhagen outlets have been operated by Gebr. Heinemann since March 2007. The last contract for the concession at Copenhagen Airport with a term of five years came into effect on1 March 2013.

*Main shop (2,600m²), pier shop A (175m²), pier shop B (200m²), pier shop C (expanded from 100m² to 260m²), Terminal 3 shop (160m²) and Arrival Shop (126m²)

About Copenhagen Airports A/S

Copenhagen Airports (CPH) owns and operates the airports in Copenhagen and Roskilde. In 2016, more than 29 million passengers traveled through CPH. More than 23,000 people work at airlines, handling companies, shops, restaurants etc. at the airports. The 2,500 employed directly by CPH work with everything from security, construction and cleaning to the development of air routes and service to passengers and airlines. CPH's strategic target is to maintain and develop the position as the Gateway to Northern Europe. Our goal is to reach 40 million passengers per year.

For further information, please visit www.cph.dk

Press Contact:

Lara Vitzthum

Head of Corporate Communications

+49 (40) 3010-23849

L_Vitzthum@gebr-Heinemann.de