M&A Deal Summary

TUI Acquires TUI Travel

On June 27, 2014, TUI acquired leisure company TUI Travel

Acquisition Highlights
  • This is TUI’s 1st transaction in the Leisure sector.
  • This is TUI’s 2nd transaction in the United Kingdom.

M&A Deal Summary
Date 2014-06-27
Target TUI Travel
Sector Leisure
Buyer(s) TUI
Deal Type Merger

Target

TUI Travel

West Sussex, United Kingdom
TUI Travel is one of the world’s leading leisure travel groups, with over 220 trusted brands in 180 countries and more than 30 million customers. TUI Travel is based in West Sussex, United Kingdom.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

TUI

Hanover, Germany
Category Company
Founded 1968
Sector Leisure
Employees56,370
Revenue 20.7B EUR (2023)
DESCRIPTION

TUI is a multinational travel and tourism company. TUI consists of strong tour operators, 1,800 travel agencies and online portals, six airlines more than 130 aircraft, over 300 hotels with 210,000 beds, 13 cruise liners and countless incoming agencies in all major holiday destinations around the globe. TUI was founded in 1968 and is based in Hanover, Germany.

DEAL STATS #
Overall 2 of 2
Sector (Leisure) 1 of 1
Type (Merger) 1 of 1
Country (United Kingdom) 2 of 2
Year (2014) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-09-03 First Choice Holidays

Crawley, United Kingdom

First Choice Holidays Plc provides various packages for travelling and restaurant reservation services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-28 HBX Group

Palma de Mallorca, Spain

HBX Group is an independent global business to business (‘B2B’) bedbank. HBX Group provide the travel industry with access to hotel rooms from an inventory of approximately 170,000 hotels in more than 180 countries. HBX Group also provides transfers, excursions and tours, meetings and events and cruise handling services. HBX Group client base includes online travel agencies, traditional travel agencies, travel re-sellers, tour operators, and airlines. HBX Group was founded in 2001 and is based in Palma de Mallorca, Spain.

Sell €1.2B
Mergr

Product

Company

Legal