In May, the Swiss Competition Commission announced an in-depth review of DERTOUR Group’s planned acquisition of the Hotelplan Group (with the exception of Interhome). After a three-month investigation, the Swiss Competition Commission announced today that it has approved the transaction without conditions or obligations. Accordingly, DERTOUR Group has now obtained all necessary acquisition control clearances.
Christoph Debus, CEO DERTOUR Group, commented as follows:
The Competition Commission in Switzerland has given the green light for the acquisition. We are extremely happy with the decision and have promptly initiated all necessary steps to implement the transaction, aiming to conclude the process as quickly as possible. We are very much looking forward to warmly welcoming our new colleagues from Hotelplan Group. Together, we will focus on our shared future. We are impressed by how the Hotelplan team managed the period of uncertainty during the in-depth review. All the more, we look forward to working together as one team. Together, we will be able to offer guests an even wider and more attractive range of travel and holiday options – with the promise of consistently high reliability, service and quality.
The closing of the acquisition is expected to take place at the end of this week.
Image material: Christoph Debus
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Photo caption: Christoph Debus, CEO DERTOUR Group
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Hintergrund:
DERTOUR Group has its head office in Cologne, Germany, and is REWE Group’s travel and tourism division. As one of Europe’s leading travel groups, DERTOUR Group encompasses more than 180 companies and employs around 13,000 people in 16 European countries. Every year, millions of guests travel with one of the Group’s tour operators or specialists. DERTOUR Group includes tour operators such as DERTOUR, ITS, Meiers Weltreisen, Kuoni, Helvetic Tours, ITS Coop Travel, Billa Reisen, Koning Aap, Apollo, Exim Tours and Fischer, as well as around 2,000 travel agencies (such as DERTOUR, DERPART, Kuoni, Exim, and Fischer, plus franchises and partners), the hotel brands Sentido, Aldiana, and ananea and the online travel agency Prijsvrij Vakanties. The DERTOUR Group also offers on-site support: The company runs an agency network with 71 offices in 31 travel destinations. The staff in the destination agencies assist the guests of the DERTOUR Group from their arrival at their holiday destination until their departure. For more information, go to www.dertour-group.com.