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Fraport to manage retail malls at four U.S. airports

Frankfurt, Germany – Germany-based airport management services provide the Fraport Group has expanded its international portfolio in the global airport market by acquiring 100% of U.S.-based AMU Holdings Inc., which owns Airmall USA Holdings Inc. Airmall markets space at the aviation hubs of Baltimore, Boston, Cleveland and Pittsburgh.

Together, these four hubs serve a total of about 70 million passengers per year. Airmall currently oversees about 366,000-sq.-ft. of space in the passenger terminals at the four airports – with about 270 retail and food and beverage outlets operated by international, national, regional and local tenants.