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Europe Daily Bulletin No. 7694

8 April 2000
Contents Publication in full By article 37 / 46
ECONOMIC INTERPENETRATION / (eu) leisure industry

The French group PIERRE ET VACANCES (hiring and development of holiday accommodation) has bought up Dutch GRAN DORADO, sold by the Dutch pension fund for EUR 100.6 million. GRAN DORADO is the only holiday home renting company in the Benelux and Germany with a turnover of EUR 118.6 million in 1999. Thanks to this acquisition, the French company will manage a total of 133,000 beds over 121 holiday sites and will have 2.8 million clients annually. The enlarged group provides for a turnover of...

Contents

THE DAY IN POLITICS
GENERAL NEWS
TIMETABLE
ECONOMIC INTERPENETRATION