Norwegian to Acquire Nordic Leisure Travel Group to Create Integrated Nordic Travel Company

June 17, 2026

Norwegian has entered into an agreement to acquire Nordic Leisure Travel Group (NLTG), creating an integrated Nordic travel group combining Norwegian/Widerøe’s air network with NLTG’s leisure travel brands and hotel operations. The deal is valued at approximately SEK 7.94 billion and is targeted to close in the second half of 2026, subject to approvals.

Buyers
Norwegian
Targets
Nordic Leisure Travel Group
Sellers
Strawberry, Altor, TDR
Industry
Transportation
Location
Sweden
Transaction Type
Buyout

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