Freeport plc Company Description
Freeport believes in the free market. The company develops, owns, and manages themed shopping villages and factory outlet malls in Europe. It owns centers in the Czech Republic, Sweden, and Portugal, including Europe's largest outlet village in Lisbon. The company creates an entire entertainment experience, including bars, restaurants, and other attractions in its themed centers. Shops have included such high-end names as Versace, Burberry, and NIKE. The company was acquired by buyout firm The Carlyle Group in 2007.
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The Company Description provides a historical perspective of Freeport plc's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Freeport plc's evolution in the marketplace.
