Dnata acquires German tour operator Tropo
This acquisition enables Dnata to enter German travel market, and extends its global network of travel businesses in Europe, the Middle East, Asia and Australasia.
Dnata, a Dubai-based provider of ground handling, cargo, travel and flight catering services for 300 airline customers in six continents, has acquired German tour operator Tropo.
Tropo provides low-cost travel packages, last-minute holidays and hotel reservations in destinations such as Spain, Turkey, Egypt, Italy, Greece and Dubai.
“This acquisition enables us to enter the important and valuable German travel market, and enhances our portfolio of travel services in Europe,” says Iain Andrew, divisional senior vice president of travel services at Dnata.
“We see potential for significant synergies between Tropo and our other travel businesses around the world to provide very attractive and unique offerings to inbound and outbound travelers to and from Germany.”
Dnata purchased Tropo from German entertainment company ProSiebenSat.1 Group, which has held a majority stake in it since 2012. The purchase agreement also includes TV media worth several million euros for 2018 and 2019.
Dnata is part of the Emirates Group. In 2011, Dnata purchased Travel Republic Limited, an online travel agency based in the United Kingdom.
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