Recent events
Recent events tied to this brand in public sources.
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2020
Thomas Cook launches a global lifestyle platform
Fosun Tourism announced on July 18 that it had launched a new Thomas Cook-branded lifestyle platform for global users, bringing together products and services from its brands and other lifestyle service providers.
2019
Raiffeisen Touristik acquires Thomas Cook Germany
Samih Sawiris acquired the German subsidiary of Thomas Cook through his Raiffeisen Touristik Group. The transaction required the transfer of hundreds of travel agencies to Sawiris.
2019
Thomas Cook India agrees to acquire Thomas Cook brand rights in three markets
Thomas Cook (India) Ltd signed an agreement with AlixPartners, the appointed special managers of Thomas Cook UK, to acquire ownership of the Thomas Cook brand name in India, Sri Lanka and Mauritius for a one-time payment of Rs 13.9 crore. The agreement provides perpetual, royalty-free use rights.
2019
Agreement announced for acquisition of Intourist from Thomas Cook
Intourist said Turkish investor Neset Cockar announced the signing of an agreement to acquire Intourist from Thomas Cook Group. Completion was subject to regulatory approvals.
2019
Fosun bought Thomas Cook brand intellectual property
Fosun Group bought Thomas Cook’s brand intellectual property assets for £11 million after Thomas Cook announced bankruptcy.
2019
Fosun acquires Thomas Cook brand rights
Fosun acquired the brand rights to Thomas Cook, as well as subsidiary hotel chains Casa Cook and Cook’s Club, for $14.2 million (£11 million).
2019
Fosun Tourism agrees to acquire Thomas Cook brand assets
Fosun Tourism Group announced that it had entered into an asset purchase agreement with Thomas Cook Group and its subsidiaries to acquire rights and interests in specified intellectual property assets, including the Thomas Cook, Casa Cook and Cook’s Club brands.
2019
Fosun Tourism Culture agrees to acquire Thomas Cook intellectual property assets
Fosun Tourism Culture entered an asset purchase agreement to acquire intellectual property assets from Thomas Cook Group and its subsidiaries, including rights to certain trademarks, domains, software applications, social media accounts and licenses for the Thomas Cook, Casa Cook and Cook’s Club brands, for £11 million.
2019
Fosun Tourism–Thomas Cook acquisition deal fails
Fosun Tourism’s attempted acquisition and restructuring of Thomas Cook failed after the parties did not find a suitable solution.
2019
Thomas Cook’s German subsidiary announces insolvency filing
Thomas Cook’s German subsidiary announced that it was filing for insolvency, saying it sought to save its national brands after the collapse of the UK parent company.
2019
Thomas Cook Belgium makes 75 jobs redundant
Thomas Cook Belgium made 75 of its 600 jobs redundant, management announced.
2019
Fosun Tourism agrees to acquire Thomas Cook brands
Fosun Tourism Culture Group announced an asset purchase agreement with Thomas Cook Group plc and certain subsidiaries to acquire the Thomas Cook, Casa Cook and Cook’s Club brands for £11 million, including related trademarks, domains, software applications, social media accounts and global rights.
2019
Thomas Cook enters liquidation
Thomas Cook Group announced that it had entered liquidation. Fosun Group said it was disappointed that its efforts to rescue Thomas Cook had not found a way forward and expressed sympathy for those affected.
2019
Fosun Tourism’s Thomas Cook acquisition fails
Fosun Tourism’s planned acquisition and restructuring of Thomas Cook failed after the parties were unable to find a suitable solution.
2019
Fosun Tourism clarifies its position on Thomas Cook talks
Fosun Tourism issued a statement confirming Thomas Cook's compulsory-liquidation application and saying that it had made no investment under the negotiations.
2019
Thomas Cook cancels booked flights and holiday products
From September 23, flights and holiday products booked through Thomas Cook were cancelled; the group also confirmed that all its companies had stopped trading.
2019
Thomas Cook ceases operations
Thomas Cook stopped operating on Monday, leaving hundreds of thousands of passengers stranded around the world.
2019
2019
Thomas Cook ceases operations
Thomas Cook ceased operations, canceling all flights and leaving about 150,000 Britons stranded abroad; reports said about 600,000 people worldwide were affected.
2019
Thomas Cook enters liquidation
Thomas Cook announced that it had entered liquidation; its board said it had no choice but to take immediate compulsory liquidation measures.