Norwegian investor Petter stordalenin of will be one of the tour operators Tjäreborgin new owners, when he bought the stake in Thomas Cook Northern Europe group.
Thomas Cook Northern Europe group in Finland working Tjäreborgin in addition, the tour operators Spies in Denmark, Ving in Norway and Sweden, as well as airlines Thomas Cook Airlines Scandinavia.
the transaction transaction bankruptcy period, i.e. the first Thomas Cook Northern Europe-the group is run down, so the new owners can then buy. At the same time, the new owners promise to add liquidity to eur 550 million.
Stordalen is a 56-year-old Norwegian hotel magnate and billionaire, who owns among other things the Nordic Choice Hotels chain. His property is just under 1.2 billion euros.
Stordalen was the title in the end of the summer, when he was reported buying the domestic, ten hotels were running the Kämp Collection Hotels. Among them the most famous is in Helsinki city centre north esplanade Hotel Kämp.
Also in Helsinki Jätkäsaari Clarion-tower hotel is Stordalenin owned.
Tjäreborgin the parent company, the british group Thomas Cook Group went bankrupt in September. Tjäreborgin the future at the time was momentarily shrouded in darkness, but soon the company announced the continuation of its activities together with Thomas cook the other nordic subsidiaries.
the Other Thomas Cook Northern Europe-the group’s new owners are investment funds Altor and TDR Capital. Stordalenin try the Strawberry Group and Altor bought both the Ving 40% and TDR Capital 20%.
staff having Stordalenin like a rock star
Stordalen spoke to the media and Thomas Cook Northern Europe-the group’s staff briefing in Stockholm. The staff take the news nordic owners against a round of applause. The atmosphere was in the ceiling and Stordalen laugh in the audience vitseillään.
I’ve done many trades in my life, but this is a special, Stordalen said in a press conference.
Another of the new major shareholder is in Stockholm, Sweden, headquarters should be the investment fund Altor, which is focused on nordic companies. It owns about 30 companies and employs approximately 60 000 employees. Altor owns in Finland, Realia Group and Ring Duo.
– the owner of the change, we come with other donors to increase liquidity of approximately six billion sek [555 million], which security activities and create a stable basis for future development, said Harald Mix , Altorin shareholders.
TDR Capital is again in London, the headquarters of the eight billion euros in capital on building up an investment fund. It was founded in 2002. One of the investment fund’s most well-known holdings is the Hurtigruten company, which organizes the world fame increased ferry trips along the Norwegian coast.
Thomas Cook Northern Europe group ceo Magnus Wikner was visibly pleased with the new owners.
I Am extremely glad that Stordalen, Altor and TDR are the new owners. The new owners financial support and experience in the industry give us what we need long-term stability as well as the completely new opportunities continue to supply our development in the future, said Wikner.
Thomas Cook Northern Europe group has to work 2 to 300 people.
“Running was a very large chaos as well as a big worry”
Wikner told at the briefing, what kind of mood to the bankruptcy of the shadow put the company over in September.
– Running was a very large chaos as well as a big worry. On Sunday [the day before the bankruptcy announcement] we didn’t know, find out it. On Monday, all flights are departing normally, said Wikner.
Wiknerin according to Thomas Cook Northern Europe group began to search for a new owner as soon as the same week, when information on bankruptcy came. Winker describes the process to be complex and interested in the be really many.
Petter Stordalenin is considered as a colorful personality. He is a capitalist, but not any of the usual capitalism. He took up the position of sustainable development on behalf of and funded by the family foundation through the climate change work. He also speaks of a fair tax payment.
Yes, I’m a capitalist, but capitalism needs to change. It should become a lot more sustainable this a short attention span instead, because climate change is a huge threat. Can not be so that capitalism will reward activities, which is harmful to the environment, Stordalen told the ideas Yle in an interview in Helsinki in the spring of 2017.
the News fixed 30.10.2019 at 13:38: the Group’s name is Thomas Cook Northern Europe, is Ving. Ving is one of the group companies.
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