ADAC Takes Over 70 Travel Agencies from Galeria Kaufhof

Wednesday, 17 July 2024, 15:56
Galeria Karstadt Kaufhof is offloading approximately 70 travel agencies as part of its ongoing restructuring efforts. The ADAC, a prominent automobile club in Germany, has secured the acquisition of these agencies, marking a significant shift in the travel sector. This move reflects both the challenges faced by traditional department stores and the growing role of specialized service providers in the market. The acquisition is expected to strengthen ADAC's position in the travel market.
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ADAC Takes Over 70 Travel Agencies from Galeria Kaufhof

Overview

Galeria Karstadt Kaufhof is undergoing a major restructuring process, which includes the sale of around 70 travel agencies. These travel agencies are being acquired by ADAC, a leading automobile club known for its comprehensive travel services.

Key Points

  • ADAC expands its travel services with the acquisition.
  • Approximately 70 reisebüros will be affected by this transition.
  • This move responds to the retail challenges facing Galeria Kaufhof.

The acquisition represents a strategic shift within the travel market, as ADAC seeks to enhance its offerings and respond to consumer needs.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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