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Turkish tourism group buys trademark rights from Neckermann Reisen | TIME ONLINE



After the bankruptcy of the Thomas Cook Group Neckermann Reisen have been sold to the Turkish tourism group Anex. The tour operator has the trademark rights as well as various
 Internet domains from the bankruptcy estate of the German Thomas Cook
acquired, the law firm hww shared as insolvency administration
With. The business had been arranged "immediately before Christmas". It is still subject to approval by the Bundeskartellamt.

With the sale of the brand, it was possible within a few months "to sell all the valuable assets of the German group of companies profitably in the interest of the creditors in 2019 and to preserve many areas of the German tour operator and to transfer them to investors", it said. "With the experienced tour operator Anex, which is particularly strong in the Russian market, the Neckermann brand will certainly continue to have a strong market presence."

Anex claims to have been founded in 1996 and employs around
 6,500 employees. Every year more than four million guests
cared for. Anex had previously taken over the tour operator business of Bucher Reisen & Öger Tours GmbH. The Federal Cartel Office raised no objection.

The German Thomas Cook with brands such as Neckermann, Öger, Bucher and Air Marin had been affected by the bankruptcy of the British parent company in September and had to file for bankruptcy. The bankruptcy proceedings were opened at the end of November.



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