Published 15/07/2019 - 17:23
The Panamanian company Top Brands International, has been repeatedly in the news of ASUTIL.
At the beginning of 2018 we announced that they were joining the association after the BRIGHT STAR purchase process.
In June of the same year, we informed about its image change, with a new name LURYX and logo respectively.
At the beginning of this year, Danny Yohoros, current president of TOP BRANDS, became part of the ASUTIL BOARD OF DIRECTORS, a new occasion that merited the publication of the news.
Now we have to inform that, these past days it has been confirmed the purchase of Neutral Duty Free by Top Brands International. NEUTRAL, member of ASUTIL for 10 years has currently 9 locations throughout the country. With this purchase TOP BRANDS becomes ASUTIL´s second member in terms of volume and square meters of the region.
“This is a very strategic move for us. We see tremendous potential ahead for the Neutral stores on the border,” says Yohoros. “The economy in Brazil is getting better and with the synergies that will accrue with our existing companies, we will bring greater strength and value to the business.”