Sunweb Group wins court case against Corendon

Sunweb Group wins court case against Corendon

After the expected ruling, Sunweb Group will fully focus on the future and new dynamic strategy

Rotterdam, 3 August 2021The Amsterdam Court of Appeal rejected today all of Corendon's claims and ruled in favor of Sunweb Group on all points. Sunweb Group does not have to pursue its acquisition of Corendon

Following the decision, Sunweb Group can once again focus on the future and its new dynamic strategy that was launched earlier this year. "First of all, we are pleased that this court case has come to an end so that there is clarity for our employees and the employees of Corendon. The ruling does not come as a surprise as we have always been confident in our legal position. We are however pleased that the Court of Appeal now also confirmed this view and ruled in our favor today. Finally, we can again fully focus on what we love most: making our customers happy with a well-deserved holiday." said Mattijs ten Brink, CEO of Sunweb Group.

As a standalone company, Sunweb Group has taken all required actions to ensure success going forward. Ten Brink: “Despite this severe crisis, that keeps on evolving into new challenges, we will continue to invest in becoming the leading digital holiday expert. All this with the continued support of our shareholders and lenders, and in close and active dialogue with our loyal Sunweb customers”.

 

About Sunweb Group

Sunweb Group is one of the largest travel operators in Europe with a turnover in excess of €700 million. The company is the driving force behind several brands operating in seven international markets: The Netherlands, Denmark, Sweden, Belgium, Great Britain, Germany and France. Sunweb is the best-known brand of the group. Sunweb is a leading online operator of package holidays to sun and winter sports destinations.

Sunweb Group employs around 400 people and sends more than 250 tour guides and area managers to various holiday destinations to support its customers. Sunweb Group has a pan-European identity with tour operator operations in Zurich (head office), Rotterdam (back-office), Girona (software and web development) and several offices in Europe. The combination of a centralised organisation, unique self-contracted content and a strong online business model has resulted in more than one million satisfied customers for Sunweb Group each year. Sunweb Group was acquired by Triton Fund V in February 2019.

----------------------------------------------------------------------

Sunweb Group
Martine Langerak
Head of Communications & PR
Phone: +31 6 531 316 04
E-mail: martine.langerak@sunwebgroup.com

PR Agency LEWIS 
Kirsten Spoelstra en Willemijn Albers
Phone: +31 20 220 0220
E-mail: sunwebnl@teamlewis.com

Sunweb Group
Schützengasse 4
CH-8001 Zürich
Switzerland