Milestones in 107 years of history
At the beginning of March 2013 Kuoni Group completed its announced withdrawal from tour operator activities in Italy. On this date Italian company “The RS Holding S.r.l.” (a company of Alessandro Rosso) took over the tour operating business run under the Kuoni and Best Tours brands. All employees are being taken on by the new owners.
Kuoni’s tour operating activities in France are being sold to local management (management buy-out) at the beginning of April 2013. This deal affects all five of Kuoni France’s tour operating brands. All employees are being taken on by the new owners. This sale in France and the previously announced exit from loss-making tour operating activities in Europe largely completes the streamlining of the portfolio.
21 March 2013 the Kuoni Group announced an adjusted group structure with the following divisions and activities, which are managed by the specified Members of the Executive Board:
- Global Travel Services (Group Travel, FIT – Fully Independent Traveller) headed by Rolf Schafroth
- Outbound & Specialists (tour operating business in Nordics, Switzerland, the UK, Benelux, India, China/Hong Kong, plus Destination Management Specialists), headed by Stefan Leser
- VFS Global (visa processing services) headed by Zubin Karkaria
CEO Peter Rothwell and CFO Peter Meier complete Kuoni Group’s five-person Executive Board.