Dertour's Strategic Acquisition of I.D. Riva Tours
Deal News | Feb 05, 2025 | CEE Legal Matters
Dertour, a significant player in the travel industry, has announced its acquisition of I.D. Riva Tours, contingent on regulatory approval. I.D. Riva Tours, specializing in tourism to Croatia, offers small-ship cruises, group travel, and holiday accommodations. This acquisition is part of Dertour's strategy for expansion, strengthening its presence in European tourism. Dertour comes under the umbrella of Dertour Group, which is a division of the REWE Group, and operates with a range of tour operators across multiple countries. Vukmir & Associates, collaborating with Taylor Wessing, advised Dertour on this transaction. The involved legal team at Vukmir & Associates was led by Managing Partner Tomislav Pedisic.
Sectors
- Tourism and Travel
- Legal Services
Geography
- Germany – Dertour is headquartered in Germany and is part of the Dertour Group and the REWE Group, which operates across European countries.
- Croatia – I.D. Riva Tours specializes in Croatian tourism, offering travel packages and accommodations related to this region.
Industry
- Tourism and Travel – The acquisition involves companies in the travel industry, with Dertour expanding its offerings in Croatia-bound tourism through I.D. Riva Tours.
- Legal Services – Vukmir & Associates and Taylor Wessing provided legal advisory services for the acquisition deal.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Dertour | Bidding Company | Company | A major tour operator group headquartered in Germany, part of the REWE Group. |
| I.D. Riva Tours | Target Company | Company | A Croatian specialist tour operator focusing on Croatia-bound tourism. |
| Vukmir & Associates | Legal Advisor | Company | Provided legal advice to Dertour for the acquisition of I.D. Riva Tours. |
| Taylor Wessing | Legal Advisor | Company | Collaborated with Vukmir & Associates in advising Dertour on the acquisition. |
| REWE Group | Parent Company | Company | The parent company of Dertour Group, operating over various sectors across Europe. |