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eSky Group acquires Thomas Cook to strengthen its position in Western Europe

PRIVATESep 05, 2024

Acquiring Company

eSky Group

Acquired Company

Thomas Cook

KatowiceLondonHospitalityLeisureHotelTravelTourismTravel

Description

eSky Group, a leading travel platform in Europe, has announced the acquisition of the iconic travel company Thomas Cook. This strategic agreement with the Chinese group Fosun Tourism is expected to boost Thomas Cook's growth while enhancing eSky's presence in Western Europe. The synergy between the two companies is aimed at diversifying and expanding eSky's offerings, marking a significant milestone in the travel industry.

Quick answer

eSky Group is acquiring Thomas Cook, announced September 5, 2024. eSky Group is based in Katowice, Silesian Voivodeship, Poland.

How much did eSky Group pay for Thomas Cook?
The deal value was not disclosed.
What does eSky Group do?
eSky Group is a leading travel platform in Europe with a growing international presence.
Where are eSky Group and Thomas Cook based?
eSky Group is based in Katowice, Silesian Voivodeship, Poland. Thomas Cook is based in London, England, United Kingdom.
Who are the decision-makers at eSky Group?
Fundz holds 1 contact at eSky Group. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Hospitality and Leisure

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

eSky Group

Location

Katowice, Silesian Voivodeship, Poland

About

eSky Group is a leading travel platform in Europe with a growing international presence. Operating under the brands eSky and eDestinos, it covers over 50 countries in Europe, America, and Africa, providing access to 550 airlines and 1.3 million hotels worldwide. With a customer base of over 150 million satisfied clients, eSky has recorded profits of over 19 million euros in 2023, marking a 42% increase from the previous year, nearly three times the level of 2019.

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Frequently asked

Who acquired Thomas Cook?

Thomas Cook was acquired by eSky Group, based in Katowice. The deal was reported on September 5, 2024. eSky Group is a leading travel platform in Europe with a growing international presence. eSky Group is privately held and operates in Hospitality.

When did eSky Group acquire Thomas Cook?

eSky Group's acquisition of Thomas Cook was reported on September 5, 2024. eSky Group, a leading travel platform in Europe, has announced the acquisition of the iconic travel company Thomas Cook. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Thomas Cook do?

Thomas Cook is the oldest tour operator, now acquired by eSky Group, the leader of travel platforms in Central and Eastern Europe. It is privately held, operating in Travel, and is based in London.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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