TUI CASE STUDY

Enters Tourist industry

Period: Oct 24, 1990 to Oct 25, 2016

Exit from traditional industry

Period: Jul 24, 1995 to Oct 25, 2016

Michael Frenzel an Preussag team smeltinexited and mining industry

Acquisitons

Period: Oct 24, 1997 to Oct 25, 2016

Process of numerous acquisitions

Purchased 24.9 percent of Thomas Cook

Period: Oct 24, 1999 to Oct 25, 2016

Proceeds to acquire majority stake

Transgression into European market

Period: Oct 24, 2000 to Oct 25, 2016

Creation of Air Management

Period: Apr 24, 2002 to Oct 25, 2016

Creation of TUI China for Chinese visiting Germany

Period: Apr 24, 2003 to Oct 25, 2016

Open agency in Hamburg

Period: Apr 24, 2004 to Oct 25, 2016

Launches Russian tour operator Market

Period: Aug 24, 2005 to Oct 25, 2016

Launch of virtual tour opertor "Touropa.com"

Period: Oct 24, 2005 to Oct 25, 2016

Merger with CP

Period: Dec 24, 2005 to Oct 25, 2016