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CMS advises Raiffeisen-Tours RT-Reisen on acquisition of Holiday Land franchise system and brand out of Thomas Cook insolvency proceedings

29/11/2019

Berlin – Bavarian travel agency Raiffeisen-Tours RT-Reisen GmbH has acquired the Holiday Land franchise system and brand from the insolvency administrators of Thomas Cook Touristik GmbH and Thomas Cook GmbH.

A multi-location CMS team headed by partners Dr Eva Annett Grigoleit and Dr Igor Stenzel (M&A), Joachim Kühne (Insolvency), Peter Endres (Franchise) and Dr Ole Jani (Trademark Law) provided Raiffeisen-Tours RT-Reisen with comprehensive legal advice.

Raiffeisen-Tours RT-Reisen GmbH is part of RT-Raiffeisen Touristik Group GmbH, which is headquartered in Burghausen, Upper Bavaria. The group describes itself as the largest travel agency alliance in Germany, with more than 3,500 affiliated agencies.

The franchise alliance around the Holiday Land brand was established 25 years ago and currently comprises some 360 member agencies.

CMS Germany

Dr Eva Annett Grigoleit, Partner
Dr Igor Stenzel, Partner
Fabian Mayer, Associate
Dr Hanna Heimrath, Research Associate, all Corporate/M&A
Joachim Kühne, Partner
Dr Artur M. Swierczok, Senior Associate, both Restructuring & Insolvency
Peter Endres, Partner
Anna-Luise von Prittwitz und Gaffron, Senior Associate, both Franchise
Dr Boris Alles, Counsel, Labor, Employment & Pensions
Dr Ole Jani, Partner
Alexis von Kruedener, Senior Associate, both Intellectual Property

Press Contact 
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