30 Jun 2022
Sarinah Establishes Joint Venture with Switzerland’s Dufry and Mexico’s Omega Group
ABNR would like to congratulate state-owned retailer PT Sarinah (Persero) on the signing on 29 June 2022 of their landmark joint venture agreement with widely diversified Mexico-based conglomerate Grupo Industrial Omega SA DE CV and Switzerland-based Dufry AG, a leading travel retailer which operates duty-free and duty-paid shops and convenience stores in airports, cruise lines, seaports, railway stations and central tourist areas in 400 locations spread across 65 countries.
The joint venture is aimed at harnessing growing opportunities in the airport duty free business on the back of an anticipated surge in tourism in Indonesia over the next few years, and to springboard Sarinah onto the international retail stage by providing “Indonesian Corners” in Dufry duty-free outlets in at least 69 airports around the world.
The ABNR team that worked on the project was headed by partner Mr. Ayik Gunadi, and included partner Mr. Nurdin Adiwibowo, associate Ms. Isabella Edgina and trainee associate Ms. Nisriina Fanaro.
(pictured above are ABNR partner Mr. Ayik Gunadi, Sarinah President Director Ms. Fetty Kwartati and Sarinah Trading Director Mr. Rakesh Adwani )
As the country’s longest-established law firm (founded 1967), ABNR pioneered the development of international commercial law in Indonesia.
Now with 23 partners (including Indonesian and foreign counsel) and around 84 other fee earners (including associates and of counsel), we are the largest independent, full-service law firm in Indonesia and one of the country’s top-three law firms by lawyer numbers, giving us the scale needed to simultaneously handle large and complex transnational deals across a range of practice areas.
We also have unmatched global reach as the exclusive Lex Mundi (LM) member firm for Indonesia since 1991 -- LM is the world’s leading network of independent law firms, with members in more than 100 countries.
ABNR is an equal opportunity firm, with more than 40 percent of our partners now being women. We are also committed to corporate social responsibility (CSR) in such key areas as education, the environment and human rights, as demonstrated by the training and scholarships we offer to aspiring young lawyers through the ABNR Foundation, and the pro bono services we provide to non-governmental and civil society organizations.
For more information on how ABNR can help you with your legal needs, please contact:
Mr. Emir Nurmansyah (email@example.com)
Mr. Ayik Gunadi (firstname.lastname@example.org) or
Mr. Nurdin Adiwibowo (email@example.com)