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Notification of concentration regarding the acquisition of the share capital of Aeolos Travel by TUI (Cyprus) Ltd and regarding the acquisition of the share capital of Aeolos Cyprus Travel Ltd by Falandel Holdings Ltd
21/10/2015


The Commission for the Protection of Competition received a notification of a proposed concentration by TUI (Cyprus) Ltd and Falandel Holdings Ltd, concerning the acquisition of the share capital of Aeolos Travel by TUI (Cyprus) Ltd and concerning the acquisition of the share capital of Aeolos Cyprus Travel Ltd, subsidiary of Aeolos Travel, by Falandel Holdings Ltd.

TUI (Cyprus) Ltd is a company, duly registered under the laws of Cyprus. This holding company belongs to the TUI Group of companies and is active through Aeolos Travel and Aeolos Ltd.

Aeolos Travel is company, duly registered under the laws of Cyprus. The said company is active in the sector of tourism services and destination management services.

Aeolos Ltd is company, duly registered under the laws of Cyprus. The only activity that the said company carry out is to be the general partner of Aeolos Travel.

Falandel Holdings Ltd is a company, duly registered under the laws of Cyprus. This company is a holding company that is active through its subsidiaries in tourism and hotel business, real estate investment, insurance agency and investment in Limassol marina.

Aeolos Cyprus Travel Ltd is company, duly registered under the laws of Cyprus. This company operates in the online business, after acquiring certain subsidiaries of Aeolos Travel.







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