DER Touristik Group, a member of REWE Group's tourism division, and DSR Holding, a subsidiary of Deutsche Seereederei Group, are joining forces in a joint venture. To this end, DR Hospitality GmbH & Co. KG was founded, in which each company holds a 50% stake.
The aim of the joint venture is to become a pioneer and market leader in environmentally friendly and sustainable tourism in Europe with the brands A-ROSA Resorts & Hideaways, aja and Henri Hotels. The newly founded DR Hospitality GmbH & Co. KG takes over the operation and marketing of 16 hotels and resorts of the brands A-ROSA, aja, Henri Hotels, Hotel Neptun and Hotel Louis C. Jacob.
The parties have agreed not to disclose details of the joint venture. The closing of the transaction is still subject to clearance by the relevant antitrust authorities.
Team Seitz:
Dr. Daniel Grewe, Dr. Jennifer Lynn Konrad (both lead and Corporate/M&A)
Dr. Stefan Glasmacher, Alina Häck-Olßon, Constanze Hartmann (all Corporate/M&A)
Christoph Frey (Tax)
Dr. Stephan Pötters, Miriam Binger, (both Data Protection Law)
Thomas Dorando, Lisa Schönberger (both Labor Law)