Carnegie acted as sole financial adviser in the divestment of Thomas Cook Northern Europe (Vinggruppen)

On the 30th of October it was announced that Strawberry Group (controlled by Petter Stordalen), Altor Fund V and TDR Capital will acquire Thomas Cook Northern Europe (Vinggruppen), following the bankruptcy of Thomas Cook Group Plc. Strawberry Group and Altor will each acquire 40 per cent and TDR Capital the remaining 20 per cent.

About Thomas Cook Northern Europe (Vinggruppen)

Thomas Cook Northern Europe (Vinggruppen) is a leading Nordic travel group, offering charter flights and other travel packages under the brands Ving Sverige, Globetrotter, Ving Norge, Spies, Tjäreborg and Thomas Cook Scandinavian Airlines. With awarded hotel concepts across the world and an own aircraft fleet, the group offers unique vacation experiences for customers across the Nordics. In FY 2018, the group generated sales of SEK 15.7 billion and an EBIT of SEK 1.5 billion.

Carnegie acted as sole financial adviser to Thomas Cook Northern Europe (Vinggruppen) in connection with the transaction.