@Leisure Group acquires "Traum-Ferienwohnungen"




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19.04.16

@Leisure Group acquires "Traum-Ferienwohnungen"

To press release overview

@Leisure Group, one of the leading operators of online portals for vacation rentals in Europe and majority-owned by Axel Springer SE, acquired a majority share in Bremen-based "Traum-Ferienwohnungen GmbH" on April 18. "Traum-Ferienwohnungen.de" is a leading online marketplace for vacation rentals in Germany. The two founders and managing directors Nicolaj Armbrust and Sebastian Mastalka will continue to lead the business and to hold shares in the company.

Through this acquisition, the @Leisure Group expands its range of services within the vacation rental space: From full-service provider Belvilla to booking platform Casamundo and online market place "Traum-Ferienwohnungen" – all kinds of offerings for finding vacation houses and apartments are now united under one roof.

Tobias Wann, CEO @Leisure Group says: "The two founders of "Traum-Ferienwohnungen" and their team have developed the company into one of the leading providers for vacation rental services in Germany. We are very impressed by this achievement and are looking forward to our future collaboration, by which we are able to complement our present offering in an ideal way."

Nicolaj Armbrust, founder and managing director of "Traum-Ferienwohnung GmbH“, says: "We are very happy about being part of @Leisure Group from now on. Together, we can work on new opportunities for growth, on a national as well as an international level." Sebastian Mastalka, also founding shareholder, says: "The @Leisure Group is a perfect fit und enables us, amongst other things, to conduct unique and innovative marketing campaigns in the future."

Axel Springer SE has been holding a majority of 51% of the shares in @Leisure Group since January 2015. Axel Springer is one of the leading digital publishers worldwide, based on reach.

Press Contact Axel Springer SE:
Michael Schneider

Tel: +49 30 2591 77644