M&A Deal Summary

Dnata Acquires Tropo

On August 9, 2018, Dnata acquired leisure company Tropo from ProSiebenSat.1 Media

Acquisition Highlights
  • This is Dnata’s 1st transaction in the Leisure sector.
  • This is Dnata’s 1st transaction in Germany.

M&A Deal Summary

Date 2018-08-09
Target Tropo
Sector Leisure
Buyer(s) Dnata
Sellers(s) ProSiebenSat.1 Media
Deal Type Divestiture

Target

Tropo

Hamburg, Germany
Tropo GmbH is a tour operator for low-cost and high-quality travel packages, last-minute vacations, and hotel reservations. Tropo GmbH was founded in 2012 and is based in Hamburg, Germany.

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Buyer(S) 1

Buyer

Dnata

Dubai, United Arab Emirates

Category Company
Founded 1959
Sector Transportation
DESCRIPTION

dnata is a providers offering ground handling, cargo, travel, and flight catering services across five continents.


DEAL STATS #
Overall 2 of 2
Sector: Leisure M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-04 Stella Travel Services Group Pty

North Sydney, New South Wales, Australia

STS is an integrated distributor of travel product in Australasia, with around 7,000 staff in 12 countries and a network of 2,100 retail and corporate outlets under banners including Harvey World Travel, Travelscene American Express, Gullivers Travel, Transonic Travel, Travelbag and Global in the UK.

Buy -

Seller(S) 1

SELLER

ProSiebenSat.1 Media

Unterfohring, Germany

Category Company
Founded 1984
Sector Media
Employees7,188
Revenue 3.9B EUR (2023)
DESCRIPTION

ProSiebenSat.1 Media is a media company that operates 27 TV channels in 10 countries. The entertainment segment operates free TV stations, such as SAT.1, prosieben, kabel eins, sixx, SAT.1 gold, prosieben MAXX, and kabel eins doku, as well as distributes prosiebenSat.1 HD stations. ProSiebenSat.1 Media was founded in 1984 and is based in Unterfohring, Germany.


DEAL STATS #
Overall 4 of 7
Sector: Leisure M&A 1 of 1
Type: Divestiture M&A Deals 3 of 5
Country: Germany M&A 1 of 3
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-04 Kairion

Frankfurt am Main, Germany

Kairion GmbH is an e-commerce media expert, Its retailer network
 was established specifically to enable advertisers to place adverts in the combined advertising space of the
 participating retailers via Kairion. This allows the advertised brands to benefit from a measurably high
 reach and from the fact that advertisements are shown at the precise moment when consumers are paying the
 most attention to brand and product messages. Meanwhile, retailers are not only able to generate additional
 revenue from their media and marketing budgets, but real-time advertising also has a demonstrably positive
 impact on the shopping basket.


Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-14 Aroundhome

Berlin, Germany

Beko Käuferportal GmbH is an online portal in Germany that connects customers with a vendor network for consulting-intensive products and services for home improvement and financial services. The online service helps consumers obtain and compare offers from regional companies before making a major purchase. KäuferPortal announced its gradual expansion into the rest of Europe. Together with their partners, they now sell products and services worth EUR 500 million annually and employ more than 350 people in six locations across Europe.

Sell $161M