Travel organization Otravo takes over dé VakantieDiscounter
3 March 2017

 

Otravo, the parent company of, among others, WTC.nl and Vliegtickets.nl, is taking over dé VakantieDiscounter. With this strategic acquisition, Otravo reinforces its position as biggest online travel provider in the Benelux and Scandinavia.

 

The takeover of dé VakantieDiscounter adds more than € 100 million in revenue for the Otravo group, boosting the group’s revenue to almost € 600 million. Elmar Reizen BV (trading as dé VakantieDiscounter) started in Delft in 1996 and took over dé VakantieDiscounter in 2007. The company grew by specializing entirely in the online comparison of (warm destination) vacations.

 

Lexence advised Otravo on the acquisition of dé VakantieDiscounter.


Lawyer(s) involved: