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Texan and Former San Francisco Mayor Willie L. Brown, Jr. Signs Books in Dallas Hudson Booksellers Store
East Rutherford, NJ – April 1, 2008 – Hudson News, the nation’s only national newsstand brand, hosted Willie L. Brown, Jr., Texan and former mayor of San Francisco, at the signing his new book, “Basic Brown: My Life and Our Times” at a Hudson Booksellers bookstore at Dallas Fort Worth International Airport (DFW) on Monday, April 7.
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Hudson Group Set to Soar With Advent International as New Majority Owner
East Rutherford, NJ – December 17, 2007 - Travel retailer Hudson Group has signed a definitive agreement with global private equity firm Advent International, based in Boston, making Advent the majority owner. The introduction of Advent will support a variety of exciting growth opportunities for Hudson.
Hudson Group operates over 550 newsstands, bookstores, cafes and specialty retail concessions in 69 airports and transportation terminals throughout the United States and Canada, including more than 400 Hudson News stores, the only national newsstand brand in the industry. Revenues are set to top $630M in 2007.
With Advent, Hudson will leverage its position as the premier travel retailer in North America, enabling future strategic acquisitions and the global expansion of the brand. The existing management team, led by president and founder Mario DiDomizio and executive vice president and COO Joseph DiDomizio, will continue to manage the business. The transaction is subject to certain approvals and customary closing conditions. Terms of the agreement were not disclosed.
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