Thursday 04 June 2020

Dutch tour operator Corendon taken over by Triton’s Sunweb


Dutch holiday company Corendon is being taken over by Swedish investment house Triton via the Sunweb holiday group which Triton bought earlier.

The agreement consists of the Corendon tour operating activities in Holland and Belgium, the back-office operations in Turkey and Corendon Dutch Airlines. It also includes Corendon´s brands Karin’s Choice, Maris Life, Stip, and GOfun.

The Turkish and European airline and the hotels owned by Corendon Hotels & Resorts are not part of the transaction. Financial details were not disclosed.

Corendon was launched as a specialist in holidays to Turkey in 2000 and now provides summer and winter breaks for some 750,000 a year. The company booked turnover of €515m last year.

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