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Omio Group to Acquire Rail Europe, Transforming Rail Travel
Omio Group, a leading multimodal travel company, announces its agreement to acquire Rail Europe, a renowned rail distribution platform. This strategic move aims to fast-track connected rail travel globally. Following the acquisition, Rail Europe will integrate into Omio’s platform, joining its B2C booking, B2B distribution, and travel discovery brand, Rome2Rio.
Rail Europe will maintain its brand identity but will leverage Omio’s technological and platform capabilities. The acquisition expands Omio's reach to over 70 countries and 28,000 transport operators, enhancing its international customer base. The rail market, projected to surpass $300 billion by 2032, presents growth opportunities as European governments invest in rail infrastructure to shift travel from roads and air.
Jean-Francois Bessiron of Omio highlights the transformative potential of this deal to make train travel more accessible. Björn Bender of Rail Europe emphasizes the strategic fit and combined strengths to better serve travelers and partners. The acquisition awaits an advisory opinion from the CSE before completion.
R. H.
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