Nordic Leisure Travel Group was acquired by a group of Nordic investors.

Norway Sweden Secondary 30 October 2019
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Nordic Leisure Travel Group, a Stockholm, Sweden-based travel operator, announced that it was acquired by a group of private investors based in Scandinavia.

The new investors are Strawberry Group, which takes a 40 percent ownership interest, Altor Funds, also with 40 percent, and TDR Capital, with the remaining 20 percent.

The deal, which has the financial details undisclosed, was made after the owner of the company, Thomas Cook, went bankrupt. Nordic Leisure Travel Group is operating Thomas Cook's assets in the Nordic region.

Nordic Leisure Travel Group is the largest tour operator in the Nordic area of Europe, through Ving, Globetrotter, Spies, Tjäreborg, the airline Sunclass Airlines and the hotel company Hotels & Resorts, which includes the hotel chains Sunwing Family Resorts, Ocean Beach Club and Sunprime Hotels.