Triton-backed Sunweb Group to acquire Corendon tour operating activities
June 3, 2019
Triton will acquire the tour operating activities of Corendon Holiday Group through its portfolio company Sunweb Group, subject to regulatory approvals and employee consultations; terms were not disclosed. The deal covers Corendon’s tour operations in the Netherlands and Belgium, back‑office operations in Turkey and Corendon Dutch Airlines, and aims to combine Sunweb and Corendon to drive scale, digitalization and airline capacity across the European travel market.
- Buyers
- Triton, Sunweb Group
- Targets
- Corendon Holiday Group (tour operating activities)
- Platforms
- Sunweb Group
- Industry
- Restaurants & Hospitality
- Location
- North Holland, Netherlands
- Transaction Type
- Addon
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