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General

ProSiebenSat.1 acquires Etraveli

Monday 12 October 2015 | 13:11 CET | News
The ProSiebenSat.1 Group said it has further expanded its eCommerce business activities, fully acquiring Etraveli Holding. Based in Uppsala, Sweden, Etraveli is a pan-European online travel agent for flights. ProSiebenSat.1 bought all the shares in Etraveli from Segulah IV, a private equity company in the Nordic region, for EUR 235 million. The acquisition is subject to approval by the German Federal Cartel Office and the Austrian Federal Competition Authority. The company operates in 40 countries and on four continents through brands such as Supersaver, Gotogate, Travelstart, and Seat24. In

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Categories: General
Companies: ProSiebenSat.1 / ProSiebenSat.1 Group
Countries: Germany
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