Notification of a concentration regarding the acquisition of joint control of Aldiana Club Zypern Hotel by Muskita Tourist Enterprises Ltd and TUI AG (via Robinson Club GmbH)
The Service of the Commission for the Protection of Competition has received a notification of a concentration according to Section 10 (4) of the Control of Concentrations between Enterprises Law of 2014, concerning the acquisition of joint control of Aldiana Club Zypern Hotel by Muskita Tourist Enterprises Ltd and TUI AG (via Robinson Club GmbH).
Muskita Tourist Enterprises Ltd is a company duly registered in accordance with the laws of the Republic of Cyprus. This company is part of the Muskita group of companies, which is active in hotel ownership, aluminium trading and real estate.
Robinson Club GmbH is a company duly registered in accordance with the laws of the Republic of Cyprus. This company belongs to the TUI group, whose parent company is TUI AG. This group of companies is a multinational travel and tourism group and operates through airlines, travel agents, cruise ships, resorts and hotels.
The Target in this concentration consists of a hotel unit located in the village of Alaminos in Larnaca province, under the name Aldiana Club Zypern Hotel and is currently owned by Muskita Tourist Enterprises Ltd. After the completion of this concentration, it will operate under the name Robinson Club Cyprus.
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