Neutral under new ownership looks ahead with confidence One of the most important news stories in Latin America in 2019 was when Panamanian company Top Brands International acquired Neutral Duty Free, the largest duty free chain in Uruguay, that July. The acquisition made Top Brands one of the largest duty free players in the region, […]
Luryx Duty Free, owned by Top Brands International, has won the new duty free tender at Paraguay’s Silvio Pettirossi International Airport in Asuncion. Under the new structure, the duty free will be run exclusively by one operator. In the past, three different operators were competing against each other: Mannah Duty Free, Golden Duty Free and […]
Panamanian company Top Brands International has just announced that it has acquired Neutral Duty Free, the largest duty free chain in Uruguay, employing more than 500 staff across its nine locations. No financial details were released. With this acquisition, Top Brands surges to become one of the largest duty free operators in the region, with […]
