Leadership News

SkiftGordon Smith

Norwegian agrees to buy Nordic Leisure Travel Group for ~SEK7.94bn ($845m), folding Sunclass Airlines into a Nordic travel-servi

Norwegian Group has entered a preliminary agreement to acquire Nordic Leisure Travel Group Holding (NLTG), owner of Denmark-certified Sunclass Airlines and Nordic tour operator brands including Ving, Spies and Tjæreborg, for a total consideration of SEK7.95bn (~$845m). The deal is structured as SEK3.5bn in cash plus the remainder in Norwegian shares.

2026-06-16T03:32:55.344332-07:00

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2026-06-16T03:32:55.344332-07:00
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