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European Travel Interactive AB (eTRAVELi) is
the online travel agent with the highest
market share in the Nordic countries, offering
air tickets, hotel reservations and other travel
related services through multiple brands. For
2007 eTRAVELi estimates a gross sales exceeding
SEK 2.6 billion (€275 million). Most of the transactions are made online, giving consumers a vast range of choices for their travel needs eTRAVELi have, through 9 different brands, a combined market share of about 30% of the Nordic countries and their newsletters have over 1 100 000 subscribers. eTRAVELi represents the brands Seat24, Supersaver, Flygvaruhuset, EasyT, Marco Polo, Töölö, Gullivers, Flygcentrum and Travelfinder. eTRAVELi operates in six countries (Norway, Sweden, Denmark, Finland, Spain and Holland) and has virtual websites in nine additional countries. eTRAVELi´s major shareholder is a leading private equity group, Norvestor. Norvestor one of the leading private equity group in Norway. Norvestor advises funds on making private equity investments in strong growth companies in the Nordic mid-market. These companies must have the potential to achieve a leading Nordic or international position either through domestic organic growth, through acquisitions in fragmented industries or by expanding into new countries. eTRAVELi is the sixth investment in the fund Norvestor IV, L.P. |
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