February 14, 2025|
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|10 months agoMigros Sells Hotelplan to German Travel Giants
Swiss retail giant Migros divests Hotelplan Group to Germany's Dertour, while subsidiary Interhome goes to Hometogo in deal worth up to CHF235 million.
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Generated IllustrationKey Takeaways
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- Migros has sold the Hotelplan Group to German tour operator Dertour and the Interhome subsidiary to Berlin-based Hometogo.
- All 2,500 employees of the Hotelplan Group will transfer to the new German owners.
- Dertour is a division of the Rewe Group and already operates Kuoni and Helvetic Tours in Switzerland.
- Hometogo is financing the takeover of Interhome through a capital increase and is listed on the Frankfurt Stock Exchange.
By The Numbers
CHF 235 million
Total Potential Deal Value for Interhome
CHF 1.78 billion
Hotelplan Group Sales (2024)
CHF 389.6 million
Interhome Turnover
130+
Companies in Dertour Group
They Said
"As established tourism companies, the new owners are ideally placed to successfully develop the specialised areas of Hotelplan Group ā travel and holiday homes."
"Including the local service offices."
1
German Giants Seize Swiss Travel Crown
2
Interhome Deal Hits CHF 235 Million
3
Dertour Tightens Grip on Market
4
Workforce Transfer Secured
5