Dertour Group Expands: Hotelplan Acquisition Supported by Baker McKenzie

Baker McKenzie has been engaged by the Dertour Group, a subsidiary of the REWE Group, to oversee its acquisition of the Hotelplan Group from Swiss retailer Migros. Hotelplan is a significant player in the Swiss leisure and business travel market, boasting a workforce of 2,500 employees across 238 offices and a revenue generation of CHF 1.78 billion in the fiscal year 2024. The acquisition involves four out of five business subsets of Hotelplan Group, with Interhome, a holiday home specialist, being excluded from this acquisition as it will be ceded to HomeToGo Group. Crucially, the transaction is still subject to antitrust approvals, and the financial terms remain undisclosed. The dedicated cross-border team from Baker McKenzie includes expert legal professionals from Zurich, Düsseldorf, Munich, London, Vienna, and Brussels, led by Zurich-based M&A and Corporate Partner Manuel Meyer. The collaborative effort signifies a strategic move for Dertour Group to expand its travel services and strengthen its market position across international travel destinations. This consolidation underlines the importance of legal advisory in cross-border mergers and acquisitions to ensure regulatory compliance and execution efficiency.