bpv Huegel advises French tour operator on acquisition of control of Europe’s No. 1 bicycle tour company

bpv Huegel supported the well-known French tour operator Voyageurs du Monde in the acquisition of a majority stake in the Austrian Eurofun Group. 

19 May 2022. The bpv Huegel team led by Elke Napokoj has advised the well-known French tour operator Voyageurs du Monde on the acquisition of a majority stake in the Austrian Eurofun Group.

The Voyageurs du Monde Group is thus strengthening its presence in Europe in a forward-looking business segment with low greenhouse gas emissions that is less susceptible to health crises.

The Eurofun Group is represented in Germany, Switzerland, the Netherlands, Sweden, Denmark and France. In addition to these countries, the travel offer includes numerous other European destinations such as Italy, Spain or Portugal as well as numerous brands (Eurobike, Eurohike, Radweg-Reisen, Rückenwind Reisen, Velociped, Radreisefreunde, SE Tours, Pedalo Touristik, Espace Randonnée, Eurotrek, Active Scandinavia, Active on holiday, Bering travel). In 2019, the group, which employs a total of more than 240 people, generated a turnover of almost 80 million euros. The Eurofun Group will continue to be led by Thomas Schmid and the existing management team. A board consisting of Alain Capestan, Lionel Habasque, Eric Balian, Thomas Schmid and Walter Schmid will be formed to define and implement the strategy for the local and international development of this business unit in conjunction with the other business units of the group.

The signing of the transaction took place on 9 May 2022 in Vienna; the closing is expected for the end of September.

Advisor to the buyers:
bpv Huegel Rechtsanwälte GmbH (Vienna): Elke Napokoj (Lead, Corporate/M&A), Michaela Pelinka (M&A/Real/Estate), Walter Niedermüller (Labour Law), Daniel Grimmer (Corporate/M&A)
Inhouse (Paris): Claire Chateau (Group General Counsel), Alain Capestan (CEO)
Chammas & Marcheteau (Paris): Denis Marcheteau (lead); Associate: Romain Penloup (both M&A)
Oehner & Partner (Vienna): Michael Lind (Lead; Corporate/M&A), and others.
PwC (Vienna)

Advisor to the seller:
Haslinger Nagele (Linz): Daniela Huemer, Johanna Fischer (both lead), Birgit Meisinger (all M&A), Alexander Hiersche (antitrust); Associate: Christoph Harringer (corporate; associate)
Rabel & Partner (Graz)
PZP Tax Consulting (Ried im Innkreis)

Press Release
Click here for the article by JUVE

© 2026 bpv Hügel Rechtsanwälte

Our use of cookies

We use necessary and functionality cookies to make our site work. We only use analytics cookies to improve our website if you enable them. By using this tool for individual settings of the cookies, we will send a cookie to your device to remember your preferences.

For more detailed information about the cookies we use, see our Cookies Policy.

Necessary Cookies Necessary cookies enable core functionality such as security, network management, and accessibility. You may disable these by changing your browser settings, but this may affect the website functions.

Functionality Cookies

Functionality cookies allow users to customise how a website looks for them: they can remember usernames, language preferences and regions. We use functionality cookies for storing your user preferences and remembering if you have been to the site before so that messages intended for first-time users are not displayed to you. These cookies do not collect information about you that could be used for marketing purposes and do not remember where you have been on the Internet.

You may disable these cookies with the button, but you should be aware that any preferences will be lost and you will have to make them again on your next visit. It is also possible that the website will not work properly or you will lose some functionality.

Analytics cookies (including US providers)

"Web analytics cookies" collect aggregated information about user behaviour to improve our website. We would like to use such cookies from Google Analytics to improve our website by collecting and evaluating information about the use of our website. The provider of Google Analytics is Google LLC, which is based in the USA. The USA is not certified by the European Court of Justice as having an adequate level of data protection. In particular, there is a risk that your data may be accessed by US authorities for control and monitoring purposes and that no effective legal remedies are available against this. By activating the button under "Web analytics cookies (including from US providers)", you agree that we may set these cookies and that you also agree to the transfer of data to the USA. You can revoke your consent at any time via the cookie settings on our website.