Sheremetyevo decided to buy the largest tour operator Biblio-Globus. Why does the airport need a tourist business

Sheremetyevo International Airport (SIA) is buying a controlling stake in the Biblio-Globus travel operator. This was told to RBC by a source close to Sheremetyevo and a partner of the tour operator. This was confirmed by PR DIRECTOR of Sheremetyevo Anna Zakharenkova.

According to Zakharenkova, Sheremetyevo signed an agreement of intent to buy 75% of Turoperator BG LLC. The completion of the transaction is scheduled for the end of September 2021. Financial terms were not disclosed. RBC sent a request to Biblio-Globus.

What do you know about the deal?

Touroperator BG is the main legal entity of Biblio-Globus. It is it that concludes contracts with partner travel agencies (more than 25 thousand, according to the company itself), which sell vacation packages directly to customers.

"Tour operator BG" is 100% owned by Yulia Tugolukova, follows from the Unified State Register of Legal Entities. She, together with her husband Alexander Tugolukov, founded the Biblio-Globus group in 1994, which is the largest domestic tourism operator. Tugolukova will continue to HEAD the board of directors of the company, the interlocutor of RBC notes. The Tugolukov family can use the proceeds from the deal to develop other projects, such as hotels, adds a federal official familiar with the participants in the deal.