Danish travel agencies Apollo and Falk Lauritzen sold to German group

New owners are keeping the original names and continuing with business as usual

Tourists in Scandinavia can relax as the popular charter agency will keep on providing its travel services (photo: Pixabay) Tourists in Scandinavia can relax as the popular charter agency will keep on providing its travel services (photo: Pixabay)
June 25th, 2015 3:10 pm| by Lucie Rychla
facebooktwittergoogle_pluspinterestmail

Danish travel agencies Apollo and Falk Lauritzen, owned by Swiss concern Kuoni, have been sold to Rewe Group from Germany, TV2 reports.

The Swiss group announced its intention to sell the travel agencies, including an airline Novair and the Playitas  hotel complex on Fuerteventura, already in January this year.

Apollo is Denmark’s third largest charter agency, but last year it suffered a significant financial loss.

New owner but otherwise it’s business as usual
According to the company’s statement, all employees and trademarks included in the acquisition will continue as before.

The parties have agreed not to disclose anything about the purchase price or other details of the agreement.

The deal is expected to be finalised in the autumn when the competition authorities in the EU and Switzerland approve it.

February 14 will offer time for quiet reflection, but more importantly: love!
Quietly remembered in a city where love will conquer all
The morning of 14 February 2015 was like any other Valentine’s Day in Cop...
The Danish-German border (photo: Arne List)
This Week’s Editorial: Refugees at work
The Danish politicians have digested the L87 austerity package and found a ...
The Elephant Beer brand is easily recognisable (photo: Kungfuman)
Elephant beer going down well in India
Carlsberg's old sudsy stalwart, Elephant Beer, has become a trumpeting succ...
Transporting drinking water from other places could have great environmental and economic consequences (photo: iStock)
Groundwater in Danish capital at risk of contamination
Groundwater in Copenhagen and Frederiksberg may be at risk of contamination...
40 percent aged 18-29 have had sex on a first date (photo: iStock)
Young Danes ‘do it’ on the first date
If you're going on a first date with a Dane under 30 this weekend, there is...
New digital police equipment leaving a mark on speedster wallets (photo: iStock)
Copenhagen’s roads lead the way in generating speeding fines
Four roads in the Copenhagen area are among the nation's top five for yield...