Schiphol Airport is set to acquire 100% of the shares of family-run retailer Kappé as part of its strategy to enhance the airport's shopping experience.

Target Information

Schiphol Airport will acquire 100% of the shares of the family-owned business Kappé as of January 1, 2024. Kappé operates over fifteen retail locations at Schiphol and employs more than three hundred staff. The retailer is a key player in the airport's offerings, specializing in perfumes, cosmetics, sunglasses, and drugstore items. Schiphol's acquisition is geared towards enhancing the shopping experience at the airport by ensuring the continuation of operations and investing in the retail outlets.

Jacques Parson, the owner of Kappé, expressed satisfaction with the outcome of the sale, emphasizing the importance of his employees throughout his 36 years of leadership. He believes the partnership with Schiphol will ensure the security of both the employees' future and the company’s legacy.

Industry Overview in the Netherlands

Amsterdam Airport Schiphol is the largest airport in the Netherlands and ranks among the most significant airports in Europe. In 2022, it serviced 52.5 million passengers, highlighting its vital role in b