M&A Deal Summary

Kuoni Reisen Holding AG Acquires GTA Travel

On March 8, 2011, Kuoni Reisen Holding AG acquired consumer services company GTA Travel for 720M USD

Acquisition Highlights
  • This is Kuoni Reisen Holding AG’s 1st transaction in the Consumer Services sector.
  • This is Kuoni Reisen Holding AG’s largest (disclosed) transaction.
  • This is Kuoni Reisen Holding AG’s 1st transaction in the United States.
  • This is Kuoni Reisen Holding AG’s 1st transaction in California.
Investment Fate
  • GTA Travel was divested to a strategic buyer in 2011 for 720M .
  • GTA Travel was divested to a consortium of strategic buyers in 2017.

M&A Deal Summary
Date 2011-03-08
Target GTA Travel
Sector Consumer Services
Buyer(s) Kuoni Reisen Holding AG
Deal Type Divestiture
Deal Value 720M USD

Target

GTA Travel

Los Angeles, California, United States
website
GTA Travel provides travel services. The Company offers hotel accommodation, ground travel products, and related services to the travel trade.

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Buyer(S) 1

Buyer

Kuoni Reisen Holding AG

Zurich, Switzerland

website

Category Company
Founded 1906
Sector Consumer Services
Employees11,934
Revenue 5.6B USD (2014)
DESCRIPTION

Kuoni Reisen Holding AG is a service provider to the global travel industry with three divisions, Global Travel Distribution (GTD), Global Travel Services (GTS) and VFS Global.

DEAL STATS #
Overall 2 of 2
Sector (Consumer Services) 1 of 1
Type (Divestiture) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2011) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-10-30 Kirker Travel

London, United Kingdom

Kirker Travel Ltd. is a provider of online booking for luxury holidays offers tailor-made itineraries for holidays across 150 destinations in Europe, Africa, the Middle East, the Far-East and New York.

Buy £16M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-21 GTA Travel

Los Angeles, California, United States

GTA Travel provides travel services. The Company offers hotel accommodation, ground travel products, and related services to the travel trade.

Sell -
Mergr

Product

Company

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