[By: A&K Travel Group]
A&Okay Travel Group Ltd., the pioneering journey firm owned by Geoffrey Kent and Heritage (the economic holding firm chaired by Manfredi Lefebvre d’Ovidio), acquired the posh cruise vessels Crystal Serenity and Crystal Symphony in June 2022.
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&Okay Travel Group Ltd.
“I’m thrilled to start out this new chapter and to be again in an business that has at all times had, and at all times can 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 method of cruising. Our aim was to ship the perfect expertise, pampering company from all around 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 choice, as I knew I might miss this business 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 good friend and provoking chief Geoffrey Kent makes this enterprise much more gratifying,” mentioned Manfredi Lefebvre d’Ovidio, Co-Chairman of A&Okay Travel Group Ltd., Crystal Cruises and Abercrombie & Kent.
“Though it looks like yesterday, 30 years have handed because the Lefebvre household and I had our first ship collectively…Manfredi and I’ve been greatest associates and enterprise associates ever since. The concept of mixing the unparalleled onboard service that Crystal Cruises is understood 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 pleasure,” added Geoffrey Kent, Co-Chairman of A&Okay 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&Okay 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 business quite a few instances. Manfredi, Geoffrey and I stay up for 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 the perfect payoff for all of the laborious work and efforts of the A&Okay workforce. Advert maiora Crystal Cruises!”
A&Okay Travel Group Ltd. has partnered with V.Ships Leisure, the world’s main cruise ship supervisor, based mostly in Monaco. With their distinctive expertise, international scale and passionate workforce, V.Ships Leisure was the pure alternative.
World legislation agency Paul Hastings LLP acted for A&Okay Travel Group Ltd., led by London M&A associate Matthew Poxon, working with London Finance companions David Ereira and Peter Hayes, and New York Finance associate John Storz. Associates Elizabeth Athanassios, Dante Adams, Rohin Gosh Dastidar and Cole Harlan have been additionally a part of the authorized workforce. Callenders Legislation acted for A&Okay Travel Group Ltd. in respect of Bahamian legislation, whereas HFW and Stephenson Harwood LLP offered maritime legislation experience.
CMC Capital, Restricted suggested A&Okay Travel Group Ltd. within the acquisition.
The services and products herein described on this press launch aren’t endorsed by The Maritime Government.