Heinemann and James Richardson Joint Venture wins LTPCC Contract at Ben Gurion International Airport

Tel Aviv, 9 August2017. The James Richardson Heinemann Joint Venture is pleased to confirm that it has been today awarded the LTPCC Contract at both the T3 and T1 terminals at Ben Gurion International Airport. The awarding of the contract means that James Richardson will continue to operate at Ben Gurion for another ten years. For the first time James Richardson welcomes Heinemann as its partner in the business. Gebr. Heinemann is the fourth largest Duty Free operator in the world, market leader in Europe and, together with James Richardson, the only family companies among the global players in this sector.

Garry Stock, Chairman, Duty Free of James Richardson said, “It has always been our intention to stay at Ben Gurion Airport. James Richardson has a long and proud history in Israel and we are thrilled to be extending this in the future”.

On the partnership he said, “Heinemann will bring know-how gained from its presence in many European and other markets to further strengthen the JR Israel business”.Raoul Spanger, Executive Director Gebr. Heinemann, comments: “No one knows the Israeli travel consumer better than James Richardson, and we are very happy and confident that together we can further develop the business at Ben Gurion”.Both partners indicated that they are looking forward to further improving the highly regarded duty free experience enjoyed by Israeli and tourist travellers at Ben Gurion. The objective will be even better value and an enhanced shopping experience.

About James Richardson Group

James Richardson entered the duty free in 1972 and in Israel in 1988.It operates in Israel, Australia, New Zealand and Tahiti.James Richardson is widely regarded as the expert in Duty Free in Israel and respected amongst the industry.

Press contact:

James Richardson Group

Ynon Harel

CEO Harel Moradi

+972 52 26 88 111

Ynon@harel-moradi.com

Gebr. Heinemann

Lara Vitzthum

Head of Corporate Communications

+49 40 3010 23849

L_Vitzthum@gebr-heinemann.de