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Preussag bought Hapag-Lloyd AG
It was the first investment in the tourist business, because the Hapag-Lloyd AG was a large German tour operator with it's own travel agency chain, airline and logistic services. -
Complete aquisition of TUI Deutschland and took equity share of Magic Life
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Purchase share in Thomas Cook
This was the biggest British tourism and financial services group, HTU purchased 24.9 percent of it. -
HTU got majority in Thomas Cook
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HTU renamed as TUI Group
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TUI became leading company
They jumped into the european market and completed a take over of the British Thomson Travel Group and took a stake in Nouvelles Frontiéres, and acquisition of Fritidsresor. -
Full repositioning to the tourism industry
All the bought firms was put under one roof and called: World of TUI. -
TUI Air Management was created
The reason was to manage the six group airlines. -
Preussag AG was renamed to TUI AG
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Full takeover of Nouvelles Frontiéres
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TUI China was set up
It was for the Chinese people visiting Germany. -
First low-cost travel agency was opened
It was opened in Hamburg to sell low-cost holidays. -
TUI Mostravel Russia was set up
TUI entered the Russian market and joint venture with the Russian tour operator, Mostravel. -
Touropa.com was launched
It's the virtual tour operator, selling tours online, through travel agencies, television and call centers. -
TUI entered the Indian market
They got 50% share in the Le Passage to India -
Got full control of CP ship
It was the leading Canadian container shipping line -
TUI is market leader in tourism and Europe's largest holiday hotelier
