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Takeover of Hapag-Lloyd AG
Germany's Preussag AG conglomerate has signed contracts to buy nearly all shares of Germany's largest and most profitable shipping and tourism line, Hapag-Lloyd AG. goo.gl/ubSkPC -
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How Preussag Became TUI Group?
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Acquisition of TUI Deutschland
"Preussag made the complete acquisition of TUI Deutschland, one of the leaders for package holidays, as well as the firts German travel agency chain [...]." -
Acquisition of Magic Life
"[Preussag] took significant equity share of Magic Life, a leading all-inclusive holiday club chain." -
Gaining influence over Thomas Cook I.
"[HTU] purchased 24.9% of Thomas Cook, one of the biggest British tourism and financial services group." -
Gaining influence over Thomas Cook II.
"HTU acquired a majority stake in Thomas Cook." -
HTU was renamed 'TUI Gropup'
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Period: to
TUI: increasing in strength
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Takeover of Thomson Travel Group
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Gaining influence over Nouvelles Frontières
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Takeover of Fritidsresor