A cross-border group from Baker McKenzie has suggested and represented DERTOUR Group in all merger management proceedings associated to its acquisition of Hotelplan Group, a global journey group specializing in leisure and enterprise journey. The acquisition enhances DERTOUR Group’s presence in Switzerland, the UK and Germany. The well-established manufacturers of Hotelplan Group will additional strengthen DERTOUR Group’s tourism portfolio and experience.
The Baker McKenzie group, led by Dr Nicolas Kredel and Boris Wenger, efficiently obtained merger management clearance from the Swiss Competitors Fee for DERTOUR Group. The advanced Part II proceedings have been concluded with none circumstances and obligations. Merger management clearances had already been secured in Germany and Austria. These have been the primary main merger management proceedings following the restructuring of the journey market as a result of insolvency of the supplier FTI. Explicit consideration was given to the rising competitors from on-line journey brokers, airways and resort chains.
Baker McKenzie’s Swiss M&A group, led by Manuel Meyer, suggested DERTOUR Group on the underlying M&A transaction.
DERTOUR Group, primarily based in Cologne, is an internationally famend journey group, using greater than 10,000 folks throughout 16 markets. DERTOUR Group contains manufacturers like DERTOUR, ITS, Meiers Weltreisen and Kuoni, amongst others. The group operates greater than 2,000 journey companies and belongs to the German REWE Group.
Hotelplan Group, headquartered in Glattbrugg, Switzerland, makes a speciality of leisure and enterprise journey. It employs round 2,500 folks at 238 places and generated gross sales of CHF 1.78 billion in 2024. Its enterprise divisions embody Hotelplan Suisse, the most important tour operator in Switzerland.
Baker McKenzie’s antitrust apply group is a full-service antitrust apply with international attain, masking your entire spectrum of antitrust recommendation. The DACH area group frequently advises on all features of EU antitrust legislation in addition to the nationwide regimes in Germany, Austria and Switzerland, together with nationwide and worldwide cartel investigations, multinational merger management proceedings and co-operation agreements between opponents in addition to market abuse circumstances.
Authorized advisor to DERTOUR Group:
Baker McKenzie
Lead counsel: Antitrust & Competitors: Dr Nicolas Kredel (Associate, Düsseldorf), Boris Wenger (Associate, Zurich)
Group: Antitrust & Competitors: Roger Thomi (Associate, Zurich), Dr Florian Kotman (Counsel, Düsseldorf), Nina Lenhard (Counsel, Vienna), Markus Mossmann (Affiliate, Düsseldorf), Dr.Lukas Greiner (Affiliate, Düsseldorf)
About Baker McKenzie
As one of many main legislation companies, Baker McKenzie advises nationwide and worldwide corporations and establishments in all areas of economic legislation. In additional than 70 workplaces all over the world, we work with our shoppers to seek out options for a networked world.
