Cuatrecasas advises Viajes El Corte Inglés on merger with Logitravel

2021-07-06T00:00:00
Spain

We advised Viajes el Corte Inglés in its merger with the agency Logitravel, creating a unique platform for business development and internationalization.

Cuatrecasas advises Viajes El Corte Inglés on merger with Logitravel
July 6, 2021

Cuatrecasas lawyers advised Viajes el Corte Inglés on its merger with travel agency Logitravel. Thanks to this agreement, the companies have created a global leader in the travel industry, with a solid financial position and a unique platform for business development and internationalization.

The merger will enable improved customer experience in all areas: holiday and corporate travel, and event and conference management. The new company will have a workforce that is over 5,000-strong, over 500 outlets around the world, and comprehensive online coverage. The closing of the transaction is subject to the usual conditions and planned for the fourth quarter of 2021.

The Cuatrecasas advisory team was made up of lawyers Javier Martí-Fluxá, Carlota Tojo, Julián Ruan, Nuria Burillo, Miguel Cruz and Irene Moreno-Tapia.

July 6, 2021