Skip to content
in your cart View Cart
  • Cart
  • Join
  • Login
  • Contact Us
National Protein & Food Distributors Association Logo
  • About
    • History & Mission
    • Board of Directors
    • Committees
    • Team
    • Testimonials
    • NPFDA TV
  • Membership
    • Member Benefits
    • Marketing Opportunities
    • Join!
  • Events
    • Upcoming and Past Events
    • Networking
  • Scholarships
    • Scholarship Board of Trustees
    • NPFDA Scholarship Foundation
  • Member Center
    • Member Login
    • Request Member List
    • News
      • Industry News
      • Member News
  • Directory

  • Contact Us
  • Join
  • Login

Alibaba to Buy Up to 10% Stake in Duty-Free Retailer Dufry

Date postedOctober 5, 2020
in Industry News, Member News,

Alibaba Group Holding Ltd. agreed to buy as much as a 9.99% stake in Dufry AG, giving the Swiss duty-free giant a lifeline as the pandemic hammers the business.

Dufry said Monday it’s proposing a capital increase that will raise up to 700 million Swiss francs ($763 million), and Alibaba will participate. Advent International Corp., a private equity company, also plans to invest as much as 455 million francs. Dufry shares surged as much as 16%.
Read More 
Surge in imports congests West Coast ports, leads to calls for more dual transactionsDate postedOctober 5, 2020 The Hot New Real-Estate Investment Is in Keeping Food ChilledDate postedOctober 6, 2020

Categories

  • Industry News
  • Member News
  • Opportunity Board

Most Recent Posts

  • How Perdue’s unique Super Bowl chicken campaign grew sales Date postedJuly 2, 2025Posted by Elizabeth Doughman
  • Wingstop’s NBA partnership wins over chicken fans Date postedJune 27, 2025Posted by Elizabeth Doughman
  • Pilgrim’s refreshes brand identity with chicken nugget rap Date postedJune 18, 2025Posted by Elizabeth Doughman
  • Trader Joe’s isn’t secretly selling HPAI-vaccinated chicken Date postedJune 17, 2025Posted by Elizabeth Doughman
  • Wayne-Sanderson Farms gift boosts total support to $4.1M for UGA Poultry Science Building Date postedJune 16, 2025Posted

Contact

2014 Osborne Rd.
Saint Marys, Georgia 31558

(912) 439-3603

NPFDA Scholarship

Members of: FSAE

Novi AMS
Association Management Software

Copyright © 2025 - National Protein & Food Distributors Association. Legal

×

Membership & Account Access

Is Your Company a Member?

If you are an employee of an NPFDA member company, we invite you to set up an online account to:

  • Access the Member Directory
  • Register for Events
  • Register for Classes
  • Receive Legislative Updates
  • View & Pay Invoices
Create an Account
Applying for Membership?

The members of NPFDA invite and encourage you to join! By working together, we can achieve our mission to maintain and enhance our industry as a whole.

All membership applications for the NPFDA must be approved by the Board of Directors. All memberships are company-based.

View Membership Information