Announced
Completed
Financials
Sources
Tags
tourism
Minority
Switzerland
Private
Cross Border
Travel and Tourism
Friendly
Acquisition
Single Bidder
railways
Completed
Synopsis
Austrian Federal Railways, the national railway system of Austria, completed the acquisition of a 33.4% stake in Railtour Suisse, a rail tour operator, from DER Touristik Suisse, a Swiss tourism company. Financial terms were not disclosed. "The fact that the existing cooperation with ÖBB is now also reflected in Railtour's ownership structure enables us to actively help shape the future of rail travel from the tour operator's point of view," Dieter Zümpel, DER Touristik Suisse CEO.
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