November 6, 2019 - Assignment

A consortium consisting of Strawberry Group, Altor and TDR Capital acquires the business of Vinggruppen

A consortium consisting of Strawberry Group, Altor and TDR Capital has acquired the business of Vinggruppen, a market leader in holiday business with 2,300 employees. The transaction was structured as a combined business and share transfer whereby the business of the entities within the Thomas Cook Northern Europe group was transferred into a new legal structure in connection with the selling entities being put into bankruptcy.

Mannheimer Swartling advised DNB Bank in the transaction. DNB Bank had an important role in the transaction, and furthermore also provided financing to the newly established group.