- The Berge & Meer Group is a German package tour company
- Boomerang Reisen is a specialized tour operator focusing on individual tours
- Both groups emerged as part of a carve-out from the TUI Group
Munich, 23rd August 2019 - The auditing and consulting firm Ebner Stolz has advised GENUI Zwölfte Beteiligungsgesellschaft mbH on the acquisition of the Berge & Meer Group and the Boomerang Reisen Group as part of a Financial as well as Tax Due Diligence and Tax Structuring.
The German private equity company GENUI, headquartered in Hamburg, acquires 100% of the shares in the two companies Berge & Meer and Boomerang Reisen. The disposal of TUI Group’s majority stake was carried out through a share deal/carve-out.
The Berge & Meer Group, headquartered in Rengsdorf (Rheinland-Pfalz), focuses on the distribution of round trips and package tours. These are mainly offered through direct sales as well as a strong network of retail partners. The Berge & Meer Group has been active in the tourism industry for over 40 years.
The Boomerang Reisen Group, headquartered in Trier (Rheinland-Pfalz), is a specialized travel agency, focusing on customized travel tours. What initially began in 1994 with Australia as the only destination has now grown into a globally active company. Boomerang Reisen distinguishes itself especially through the individual support of its customers.
In 2019 the two companies expect a combined revenue of EUR 276 million.
Ebner Stolz has advised the private equity company GENUI on the acquisition of both travel companies as part of a Financial as well as Tax Due Diligence and Tax Structuring.
Ebner Stolz team: Claus Buhmann (Project leading Partner Corporate Finance), Alexander Simbürger, Fabian Mayer and Ece Hekimoglu (all Financial Due Diligence), Alexander Euchner (Partner M&A Tax, Tax Due Diligence, Tax Structuring), Dr. Tobias Weiss (Tax Due Diligence, Tax Structuring) as well as Stefanie Schrötter and Tim Rudisile (both Tax Due Diligence)
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About Ebner Stolz
Ebner Stolz is one of the largest independent mid-sized MDP firms in Germany and is among the Top Ten in the sector. The firm has decades of in-depth experience in auditing, tax advice, legal advice, and corporate consulting. More than 1,500 employees in all major German cities and business centers offer a broad range of services based on a multi-disciplinary approach. Ebner Stolz predominantly advises medium-sized industrial enterprises as well as trade and service companies of all sizes and industries.
Cross-border auditing and consulting assignments are carried out with partners of Nexia International, one of the world’s top ten networks of independent consulting and auditing firms. With more than 700 Nexia offices worldwide Ebner Stolz is present in more than 120 countries.