A&Ok Travel Group Ltd. Acquires Crystal Serenity and Crystal Symphony

A&Ok Travel Group Ltd. Acquires Crystal Serenity and Crystal Symphony

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Revealed
Aug 1, 2022 11:50 AM by

The Maritime Govt

[By: A&K Travel Group]


A&Ok Travel Group Ltd., the pioneering journey firm owned by Geoffrey Kent and Heritage (the commercial holding firm chaired by Manfredi Lefebvre d’Ovidio), has acquired the posh cruise vessels Crystal Serenity and Crystal Symphony.


The 2 ships will resume service in 2023 after present process in depth refurbishment and can function underneath the award-winning “Crystal Cruises” model that has additionally been acquired by A&Ok Travel Group Ltd.


“I’m thrilled to begin this new chapter and to be again in an trade that has at all times had, and at all times may have a particular place in my coronary heart. Thirty-five years in the past, my household acquired management of Sitmar Cruises, constructing three of the primary purpose-built cruise ships, and 30 years in the past my household pioneered a brand new manner of cruising. Our purpose was to ship one of the best expertise, pampering company from everywhere in the world with around-the-clock butler service and extraordinary culinary experiences. Promoting the cruise enterprise that belonged to my household for 1 / 4 of a century was a troublesome resolution, as I knew I’d miss this trade immensely. Due to this fact, when the chance arose to amass Crystal Cruises, I didn’t give it some thought twice. Having subsequent to me my unimaginable pal and galvanizing chief Geoffrey Kent makes this enterprise much more pleasant,” mentioned Manfredi Lefebvre d’Ovidio, Co-Chairman of A&Ok Travel Group Ltd., Crystal Cruises and Abercrombie & Kent.


“Regardless that it looks as if yesterday, 30 years have handed because the Lefebvre household and I had our first ship collectively…Manfredi and I’ve been finest buddies and enterprise associates ever since. The concept of mixing the unparalleled onboard service that Crystal Cruises is thought for, with the extraordinary tailored experiences Abercrombie & Kent has been efficiently offering for our company for the previous 60 years, fills me with pleasure, enthusiasm and delight,” added Geoffrey Kent, Co-Chairman of A&Ok Travel Group Ltd. and Crystal Cruises, and Founder, Co-Chairman and CEO of Abercrombie & Kent.


Crystal Cruises and Abercrombie & Kent will report back to Cristina Levis, CEO of A&Ok Travel Group Ltd., who commented: “My return to luxurious cruising after 5 years brings again so many feelings. It’s an immense privilege to serve these two unimaginable manufacturers that previously a long time have disrupted the journey trade quite a few occasions. Manfredi, Geoffrey and I look ahead to welcoming previous Crystal and Abercrombie & Kent company onboard, in addition to these in search of rewarding luxurious experiences.”


“The acquisition of Crystal has been extraordinarily difficult however the satisfaction of getting this jewel in our household is one of the best payoff for all of the laborious work and efforts of the A&Ok workforce. Advert maiora Crystal Cruises!”


A&Ok Travel Group Ltd. has partnered with V.Ships Leisure, the world’s main cruise ship supervisor, based mostly in Monaco. With their distinctive expertise, world scale and passionate workforce, V.Ships Leisure was the pure selection.


International legislation agency Paul Hastings LLP acted for A&Ok Travel Group Ltd., led by London M&A accomplice Matthew Poxon, working with London Finance companions David Ereira and Peter Hayes, and New York Finance accomplice John Storz. Associates Elizabeth Athanassios, Dante Adams, Rohin Gosh Dastidar and Cole Harlan had been additionally a part of the authorized workforce.  Callenders Regulation acted for A&Ok Travel Group Ltd. in respect of Bahamian legislation, whereas HFW and Stephenson Harwood LLP offered maritime legislation experience.


CMC Capital, Restricted suggested A&Ok Travel Group Ltd. within the acquisition.


 

The services herein described on this press launch aren’t endorsed by The Maritime Govt.

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