The antitrust authorities have approved the acquisition of 20 per cent of Bentour Reisen AG by the TUI Group and the takeover of 20 per cent of TUI subsidiary Nazar Nordic by Bentour. The transaction is therefore now effective.

David Schelp, CEO Markets & Airline TUI Group, comments: ‘The all-inclusive market is developing very well. It offers customers a great deal of security. Demand is encouraging, especially in holiday destinations such as Türkiye and Greece. As a subsidiary of TUI Nordic, Nazar is well positioned in the Nordic markets and has great potential for further growth. Bentour is an excellent company with whom we want to shape our growth. Customer focus and quality standards are values that both companies share.’