Triton investor, the owner of Sunweb holiday provider, is weighting a takeover of a part of Thomas Cook. The company is discussing the purchase of Scandinavian activities from the British travel company, Sky News reports based on insider tips.
Thomas Cook would like to improve his financial situation with the proceeds of a possible divestment. Analysts recently publicly voiced concerns about finances of the company, which is suffering from a heavy debt burden. Thomas Cook announced earlier that he wants to sell his aviation activities.
The Scandinavian branch of Thomas Cook serves around 1.5 million tourists annually. This is done by Globetrotter and Ving tour operators and the Thomas Cook Airlines Scandinavia.
The fact that conversations are taking place does not mean that there will actually be a deal between Triton and Thomas Cook. The latter party would only like to agree to an agreement if it provides a more robust basis for remaining parts.