CMS advises Raiffeisen Vertriebs GmbH on the acquisition of stakes from FTI Group

Munich, 25.06.2024 – Raiffeisen Vertriebs GmbH has acquired from FTI Touristik GmbH ("FTI") its minority stakes in RT/Raiffeisen Touristik Group GmbH ("RTG"). FTI is thus no longer a shareholder of RTG.

Raiffeisen Vertriebs GmbH also acquired further 50% of the shares in Touristikvertriebsgesellschaft mbH ("TVG") from FTI Distribution Holding GmbH, making it the sole owner of TVG. This has created planning security for the cooperation of around 230 TVG travel agencies. As part of the transaction, Raiffeisen Vertriebs GmbH is also taking over the trademark rights of "Flugbörse".

A CMS team headed by partner Dr Eva Annett Grigoleit provided comprehensive legal advice to Raiffeisen Vertriebs GmbH on this transaction. As part of Raiffeisen Touristik Group GmbH, Raiffeisen Vertriebs GmbH is a long-standing CMS client.

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