Swedish group Triton (owner of Sunweb) takes over Dutch airline/tour operator Corendon

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Corendon Holiday Group, a Dutch airline and tour operator active in The Netherlands and Belgium, has signed a preliminary agreement for the sale of its activities to Swedish investment group Triton.

Triton will thus take over all the activities of Corendon via Sunweb Group, a holding of Triton Fund V. The activities of Corendon and Sunweb will be integrated.

The final agreement must still be submitted to the European competition authorities and to the staff council of Corendon.

The airlines in Turkey and Malta, as well as Corendon Hotels and Resorts, are not part of the deal.

The details of the sale have not been disclosed.

Source: Sound of C

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