ICS - TUI

By sch.petra

  • Bought Hapag-Lloyd AG

    It was an agency chain, airline and logistics service provider.

  • Made concrete acquisition of TUI Deutchland

    They dealt with package holidays and it was the first German travel agency chain.

  • Took significant equity share of Magic Life

    All inclusive holiday club chain.

  • Hapag Touristik Union purchased 24.9% of Thomas Cook

    One of the biggest British tourism and financial service provider.

  • Acquired the majority of Thomas Cook

    This led to a bigger market share

  • Company was renamed to TUI Group & took the whole British Thomson Travel Group

  • Acquisition of Fritidsresor

    Biggest Scandinavian tour operator.

  • Took share of Nouvelles Frontiéres

    French leading tour operator

  • TUI is the leading company

    Owned 200 brands all over the world

  • All brands put under the global umbrella

    World of TUI

  • Renamed TUI AG

  • Created air management

    In order to manage 6 airlines

  • Acquisited Nouvelles Frontéres

  • Cost-cutting

    In order to adjust to the slump in tourism, the group started a new cost-cutting program targeting savings.

  • Set up TUI China

    For Chinese tourist visiting Germany

  • Low cost travel agency in Hamburg

    No catalogues, no decoration, no seats. People were informed about the latest holidays, they could book on the spot.

  • TMR

    Entered the Russian tour operator market though a joint venture, with Mostravel.

  • New selling platforms

    Touropa.com, travel agencies, television and call centers.

  • Entered the Indian market

    50% holding in the incoming agency - Le Passage to India

  • Took full control of CP Ship

    Canadian Container Shipping line and merged its container shipping division with it.