USA. Delaware North has completed the acquisition of a portfolio of 32 restaurants and food outlets operated by Creative Food Group at five US airports .
The transaction includes locations at Lexington Bluegrass Airport (Kentucky), Syracuse Hancock International Airport (New York), Tulsa International Airport (Oklahoma), Midland International Air & Space Port (Texas), and Tucson International Airport (Arizona). Financial terms are not being disclosed.
“Creative Food Group has done a tremendous job in building its portfolio, with a healthy balance of proprietary, regional and national brands,” said Delaware North Senior Vice President of Corporate Development James Obletz . “This was a great opportunity for Delaware North to acquire assets that align with our existing operating model at airports around the world.”
Delaware North operates dining and retail services at over 30 airports and travel hubs worldwide, including Los Angeles International Airport, Hartsfield-Jackson Atlanta International Airport, Logan International Airport, London Heathrow Airport, Auckland Airport and Melbourne Airport (Australia). The company’s 300-plus total airport outlets include more than 200 brands — a mix of proprietary concepts, local and national partnerships and franchises.
“It has been exciting to play a part in building an award-winning company and I am confident Delaware North is the organisation that will take it to the next level,” said Creative Food Group Vice President of Business Development Roger Schwandtner.
Delaware North’s airport division was launched in 1939, when Delaware North began operating concessions at Washington National Airport.
NOTE: The Moodie Davitt Report also publishes FAB, the world’s only media focused on airport (and other travel-related) food & beverage. The FAB Newsletter is published every two weeks and The FAB eZine every month.
Please send all news of food & beverage outlet openings, together with images, menus, video etc to Martin@MoodieDavittReport.com to ensure unrivalled global exposure.
The company also organises the annual Airport Food & Beverage (FAB) Conference & Awards. FAB 2019 was held in June in Dallas, hosted by Dallas Fort Worth International Airport.
