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First Strategic Change actions
Buying Hapag-Lloyd AG,
Acquisation of TUI Deutschland,
Majority shares in Magic Life -
Period: to
Thomas Cook
HTU acquired majority shares in Thomas Cook, one of the largest British tourism group -
Deepening of the strategic change
Takeover of the BRITISH Thomson Travel Group, stake in FRENCH tour operator Nouvelle Frontiers, acquisition of SCANDANAVIAN Fritidsresor -
TUI Air Management
In order to manage the six group airlines -
Setting up TUI China
For Chinese tourists visiting Germany -
First low-cost travel agency in Hamburg
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Setting up TMR (TUI Mostravel Russia)
Through a joint-venture with russian Mostravel -
Touropa.com
Travel tours through online, travel agencies, televisions and call centres. -
TUI enters India
Through 50% in agency called " Le Passage To India". -
CP ship
Taking control over Canadian container shipping line.