Fritidsresor AB was acquired by TUI Travel on December 19, 1997

TransportationCompany

Out of 60 sectors in the Mergr database, transportation ranked 19 in number of deals in 1997. The largest transportation acquisition in 1997 was Petro Stopping Centers - which was acquired by Chartwell Investments Entrepreneur & Founder Capital for $310M.

Join Mergr to view all 14 acquisitions of transportation companies in 1997, including 6 acquisitions by private equity firms, and 8 by strategics.

Fritidsresor AB

Stockholm,
Stockholm, S-117 85
Sweden,
+46 08 720 72 00
www.fritidsresor.se

Fritidsresor (Transpool) consisted of three businesses - a loss-making scheduled airline, a charter airline and the number two tour operator in Scandinavia, mainly selling overseas holidays to Scandinavians. The investment rationale was based on being able to turnaround the losses on the schedule airline and capitalise on the synergies between the tour operator and the charter airline.


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Related Lists for Fritidsresor AB

Transportation Companies , Sweden Companies