London Supply Group

London Supply Group
IndustryMarine and Airport Supply
Founded4 February 1942 (1942-02-04)
FounderJosé Tarantuty
Headquarters
Buenos Aires, Argentina
Area served
Argentina and Uruguay
Key people
Teddy Taratudy (President)
Brands
  • Duty Free Shop Atlantico Sur
  • Duty Free Shop Puerto Iguazu
  • Patagonia Shops Rio Gallegos
  • Frontier Wood Pellets
RevenueUS $25,500,000
Number of employees
1,200
Subsidiaries
  • London Supply
  • LSG Foundation
Websitewww.londonsupplygroup.com

The London Supply Group S.A. is a marine supply and airport management firm based in Buenos Aires, Argentina. The company was founded on 4 February 1942 and started out selling duty-free merchandise to ships in port.[1][2] Today, the company is the largest duty-free retailer in Argentina.[1] The group owns several subsidiaries and brands across their portfolio including several duty-free chains, a charitable foundation, and their airport management division. The company employs 1200 workers across their stores and offices. The majority of LSG operations take place in Buenos Aires, Puerto Iguazu, and El Calafate. Today, the company serves 19 marine and airports across Argentina and Uruguay.[2]

History

Foundation and early history

London Supply Group was founded by José Taratuty on 4 February 1942 as a marine supplier for ships in the Port of Buenos Aires. The company was given a decree authorizing them to sell duty-free products and tax-exempt goods to ships travelling overseas.[3] London Supply became the exclusive vendor for products manufactured by Massalin Particulares and Nobleza Piccardo. In 1955, London Supply secured a contract from Phillip Morris International for the import and distribution rights for sales in the Argentine Republic.[4]

Duty-free

In 1976, LSG began offering boutique services at the port of Tierra Del Fuego to passengers of the Fleet Fluvial Argentina cruise line.[3] In 1979, The shop became an official duty-free shop under the Atlántico Sur brand.

Airports

In 1992, London Supply entered the airport management industry when it secured a contract for the construction and operation of the Punta Del Este Aiport (ICAO: SUPE) in Uruguay. The airport is the second largest in Uruguay and sees over 2 million passengers per year.[5] The airport was designed by Uruguayan-Canadian Architect Carlos Ott.[6]

Current operations

Airport operation

London Supply Group operates several airports across Argentina and Uruguay. Punta Del Este was their first airport; opened in 1992. LSG also operates the El Calafate Comandante Armando Tola Intl. Airport in El Calafate, Argentina. El Calafate airport is a gateway for travel to the Los Glaciares National Park.[7] The airport was also the home base for the Perlan Project.

Airport ICAO IATA Location Passenger Count
Capitán de Corbeta Carlos A. Curbelo SUPE PDP Punta Del Este, Uruguay 165,000[8]
Comandante Armando Tola SAWC FTE El Calafate, Argentina 327,000[9]
Almirante Marcos A. Zar SAVT REL Trelew, Argentina 252,000[10]
Ushuaia – Malvinas Argentinas SAWH USH Usuaia, Argentina 512,000[11]

Duty-free operations

LSG operates a variety of Duty-Free brands at several airports across Argentina and Uruguay. These include the duty-free shops at Tierra Del Fuego, Puerto Iguazu, and Rio Gallegos.[12]

See also

References

  1. ^ a b "Interview with Teddy Taratuty, President of London Suppy Group". beyond-investments. Retrieved 2025-05-26.
  2. ^ a b "London Supply Group". THE ORG. Retrieved 2025-05-26.
  3. ^ a b Madden, Chris (2022-02-07). "London Supply celebrates 80 years in business". DFNI. Retrieved 2025-05-26.
  4. ^ "Inico". www.pmi.com (in Spanish). Retrieved 2025-05-26.
  5. ^ "CAAP - Corporación América Airports". www.caap.aero (in Spanish). Retrieved 2025-05-26.
  6. ^ "Cte. Armando Tola International Airport – 2nd Phase | Carlos Ott". 2021-10-20. Retrieved 2025-05-26.
  7. ^ "El Calafate - Argentina". World Airport Codes. Retrieved 2025-05-26.
  8. ^ "Actividad en aeropuerto de Carrasco cae tras cinco años". EL PAIS. 2019-02-06. Retrieved 2025-05-26.
  9. ^ "ACI World｜The Voice of the World's Airports". Retrieved 2025-05-26.
  10. ^ AR-U), Chubut (province; Argentina (AR); Great Circle Mapper: Map, Blue Marble; Google Maps: Map, Satellite; Yandex Maps: Map, Satellite; Map, Bing Maps; Retrieval, FAA PilotWeb: NOTAM; Argentina, CIA: The World Factbook; DAFIF® (see important details), cycle 0610. "REL - Trelew [Almirante Zar], U, AR - Airport - Great Circle Mapper". www.gcmap.com. Retrieved 2025-05-26. {{cite web}}: |last4= has generic name (help)CS1 maint: numeric names: authors list (link)
  11. ^ "SAWH AD 2.1 INDICADOR DE LUGAR Y NOMBRE DEL AERODROMO SAWH USHUAIA / Malvinas Argentinas" (PDF). Archived from the original (PDF) on 19 April 2009.
  12. ^ "BNamericas - London Supply Group". BNamericas.com. Retrieved 2025-05-26.
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