November 23, 2024

Taylor Daily Press

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Landal and Roompot want to liquidate the parks in order to complete the merger |  Abroad

Landal and Roompot want to liquidate the parks in order to complete the merger | Abroad

Holiday park operators Landal GreenParks and Roompot are ready to sell 34 Dutch parks in their bid in order to gain approval from competition authorities for their merger plan. Here’s what a Roompot spokesperson said.

The Dutch regulator for Consumers and Markets (ACM) wants to strip parks to prevent Roompot and Landal from gaining too strong a market position in the Netherlands, allowing them to raise prices.

The merger was announced in June of last year. Landal GreenParks has over a hundred holiday parks in Belgium, Denmark, Germany, Great Britain, Hungary, the Netherlands, Austria, the Czech Republic and Switzerland. Roompot offer consists of more than two hundred parks and vacation sites in Belgium, Germany, France, the Netherlands and Spain. The two companies together employ more than 5,000 people.

A Roompot spokesperson says that despite several consultations, ACM remains convinced that the merger will create a very strong player. The two companies are also big on servicing gardens they don’t own. For example, they are interested in bookings or marketing, but also management. The regulator is also considering whether combining Roompot and Landal would cost other parks for these services.

According to the spokesperson, for the 34 parks, “a strong, well-known, reliable and reliable new owner must be found who is willing to invest in their long-term future.” The search for potential buyers will start soon. Both parties say they want this sale to be completed as soon as possible so that the acquisition of Landal by Roompot can be completed quickly.

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The European Commission already approved the merger in April. The Committee also considered the possible consequences of competing outside the Netherlands. Competition concerns did not emerge from this investigation.