German travel firm DERTOUR Group’s planned acquisition of Hotelplan has passed its final hurdle.
The Switzerland Competition Commission has granted the takeover despite earlier anti-trust concerns.
It gave the green light ‘without conditions or obligations.’
The takeover of Hotelplan includes UK brands Inghams, Explore Worldwide, Inntravel and Santa’s Lapland.
The Interhome brand was purchased by another German company.
“The Competition Commission in Switzerland has given the green light for the acquisition. We have promptly initiated all necessary steps to implement the transaction, aiming to conclude the process as quickly as possible,” said DERTOUR Group CEO Christoph Debus.
“We are looking forward to warmly welcoming our new colleagues from Hotelplan Group.”
The transaction could be finalised in just a few days.
DERTOUR is a major industry player, owning several other well-known UK brands like Kuoni, CV Villas, Jules Verne and Kirker Holidays.
