The reorientation of the Touristik Vertriebsgesellschaft (TVG) after the FTI bankruptcy is progressing: Today, Raiffeisen Vertriebs GmbH has taken over the FTI Group’s 50 percent share in TVG. Even before the bankruptcy, Raiffeisen Vertriebs GmbH owned 50 percent of the travel agency franchise system. With the heated takeover of the remaining 50 percent, Raiffeisen Vertriebs GmbH will become the sole owner of TVG.
“We are pleased that with this step we can now offer our franchise partners planning security and a successful future under a strong roof,” said Thomas Bösl and Lars Helmreich, Managing Directors of Raiffeisen Vertriebs GmbH.
The takeover enables Raiffeisen Vertriebs GmbH to use the name Sonnenklar TV exclusively in stationary travel sales. In addition, the shopping channel Sonnenklar TV, which is also part of the RT Group, is operated by Euvia Travel GmbH. Raiffeisen Vertriebs GmbH also acquires the brand rights for the flight exchange.
The decision to take over had already been speculated about in recent weeks. Axel Bierbach from the law firm Müller-Heydenreich Bierbach & Kollegen, provisional insolvency administrator of FTI Touristik GmbH and BigXtra Touristik, praised the quick solution for TVG’s sales partners. TVG’s travel agency brands include Sonnenklar TV, 5-vor-Flug and Flugbörse. The franchise system currently comprises around 230 travel agencies.
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