Nordic Leisure Travel Group AB
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Nordic Leisure Travel Group AB - overview
Established
1961
Location
Stockholm, -, Sweden
Primary Industry
Travel & Leisure
About
Nordic Leisure Travel Group AB is a travel company focused on creating customized leisure travel experiences for individuals and groups, enhancing the journey with tailored services and packages. Founded in 1961 and headquartered in Stockholm, Sweden, Nordic Leisure Travel Group AB specializes in leisure travel. In October 2019, the company was fully acquired by Altor, Strawberry Equities AS, and TDR Capital from Thomas Cook Group plc for SEK 6 billion. The CEO is Magnus Wikner.
Nordic Leisure Travel Group specializes in providing tailored travel experiences within the leisure travel sector. Their core offerings include vacation packages, customized itineraries, and related services designed to enhance the travel experience for consumers. These products cater to various end-use cases such as family vacations, romantic getaways, and adventure travel, aiming to create memorable experiences for tourists. The company serves a diverse clientele, including travel agencies, corporate clients, and direct consumers, facilitating seamless travel solutions across different demographics, primarily in the Scandinavian and broader European markets.
In 2024, Nordic Leisure Travel Group reported a revenue of SEK 1,216,996. 10 and an EBITDA of SEK 16,581. 30. The company generates revenue through direct-to-consumer sales, partnerships with travel agencies, and collaborations with hospitality providers, focusing on vacation packages that encompass accommodation, transportation, and guided tours.
Their pricing plans are structured to cater to multiple market segments, ensuring accessibility for different customer profiles, supported by repeat business and strategic partnerships. Nordic Leisure Travel Group plans to leverage the SEK 6 billion from its 2019 acquisition to enhance its product lineup and expand into new markets. This includes launching new curated travel experiences and exclusive seasonal packages by the end of 2024. The company is also targeting expansion into additional European markets, aiming to grow its footprint in regions such as Germany and France, enhancing its reach and service offerings in the travel market.
Current Investors
TDR Capital, Altor, Strawberry Equities AS
Primary Industry
Travel & Leisure
Sub Industries
Airlines & Air Travel, Travel & Tourism
Website
https://career.nordicleisuretravelgroup.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
Nordic Leisure Travel Group AB - financials
| Fiscal Year Ended | Sep 30, 2020 | Sep 30, 2021 | Sep 30, 2022 | Sep 30, 2023 | Sep 30, 2024 |
|---|---|---|---|---|---|
| Revenue (USD) | 4,486,503,000 | 1,562,102,000 | - | - | - |
| % Revenue Growth (YoY) | - | (65.2%) | - | - | - |
| EBITDA (USD) | 110,164,000 | (113,677,000) | - | - | - |
| Operating Income (USD) | 13,454,000 | (218,047,000) | - | - | - |
| Operating Margin | 0.3% | (14.0%) | - | - | - |
| % EBITDA Margin | 2.5% | (7.3%) | - | - | - |
| NET Income (USD) | (5,397,000) | (202,698,000) | - | - | - |
| % Net Margin | (0.1%) | (13.0%) | - | - | - |
Nordic Leisure Travel Group AB - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restructuring | Completed | Nordic Leisure Travel Group AB | - |
Displaying 1 - 1 of 1
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.