Kuoni acquires Royal Tours as it expands Namibia operations

29th Dec 2011
Kuoni acquires Royal Tours as it expands Namibia operations

Kuoni is expanding its presence in Namibia with the purchase of Royal Tours.

The acquisition is scheduled for completion at the beginning of 2012 pending approval from the competition authorities.

A purchase agreement has been signed.

Royal Tours generated turnover of CHF1.4 million in the 2010/11 financial year.

Kuoni is taking on its four employees.

The company’s former owner will continue to manage Royal Tours’ operations.

Kuoni will merge the operation with Private Safaris Namibia, which handles Kuoni’s existing activities in Namibia.

Royal Tours specialises in all types of holiday and travel services within Namibia.

Its most important client markets are Germany and Belgium.

Namibia is one of the growth markets in African tourism.


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