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The company was renamed Carlson Companies, Inc., in 1973. [3] In 1975, Carlson ventured into the restaurant business by acquiring an interest in TGI Fridays, taking full ownership in 1989. [8] It also purchased Country Kitchen, a chain of family-style restaurants in 1977, [9] selling the brand in 1997. [10]
On February 18, 2019, the company announced that it was rebranding as CWT. [10] On July 31, 2020, the Register reported that CWT was the victim of a ransomware incident a week earlier, in which they paid US$4.5 million. [11] In 2022, CWT had a capital injection which resulted in Carlson becoming a minority shareholder. [12]
Hubert Joly (born 11 August 1959) is a businessman and Harvard Business School faculty member [2] who formerly served as chairman and CEO of Best Buy.He is also the former president, CEO and director of Carlson, a global hospitality and travel conglomerate based in Minneapolis, Minnesota, US.
Apollo Global Management, a New York-based private equity firm, purchased Regent Seven Seas Cruises from Carlson Companies. for $1 billion in February 2008. Apollo also owned Oceania Cruises and 15.8% of Norwegian Cruise Line. Carlson retained ownership of the master Regent brand, along with the operations of Regent Hotels & Resorts around the ...
In 2007, SAS Group ceased to be a shareholder of the company. In 2010, Carlson Companies acquired control (more than 50.1% shares) of the listed company. In 2012, Rezidor Hotel Group started to integrate with the direct parent company (Carlson Hotels, Inc.), with both companies collectively known as Carlson Rezidor Hotel Group.
The Radisson was purchased in 1962 by the Carlson Company, and it began adding new locations, both through the purchase of existing hotels such as the Schimmel Hotels group and the Denver Hyatt House in 1968, [13] and constructing new buildings in Bloomington, Minnesota, and Duluth, Minnesota. [14] The chain had 14 locations by 1976, and 32 by ...
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CWT's company logo. CWT Kaleva Travel is the largest travel management company in Finland. It is a division of CWT, owned by Carlson, which acquired the company in February 2011. [1] The company also operates in Estonia, Latvia, Lithuania, and Romania. Client companies were offered the possibility of self-booking, and the first product was ...