JTB Corp. acquires Kuoni Global Travel Services
JTB Corp. announced on May 30, 2017 that it has concluded an agreement to acquire all shares of Kuoni Travel Investments Ltd. (Kuoni Global Travel Services), a leading company in European inbound travel. With this acquisition, JTB Corp. aims to strengthen the inbound business from Asia to Europe. The acquisition is subject to customary approval by the relevant competition authorities.
Lenz & Staehelin advises JTB Corp. in this transaction. The Lenz & Staehelin team is led by Stephan Erni (Partner, Corporate / M&A) and included Andreas Hinsen and Nicole Humbel (both Corporate / M&A), Lara Dorigo and Phelan Brüderlin (both IP), Jeannette Kha (Employment) and Livia Koller (Real Estate).