Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Aller acquires travel agency Stjernegard Rejser
November 16, 2018

Aller continues its entry into the Danish travel market and acquires Stjernegaard Rejser, which will become the group's fifth travel agency in Denmark, since the media firm surprisingly entered the travel industry in 2013. "...we have now completed our acquisition strategy in Denmark and will in the future focus on organic growth", says CEO at Aller Leisure, Morten A. Sørensen. Stjernegaard reported sales of approximately DKK 200m with EBIT of 19m in 2017.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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