819 Capital Partners and the MT acquires the Touroperating division of ANWB
| Target: | Touroperating activities of ANWB |
| Seller: | ANWB | Buyer: | 819 Capital Partners |
| Advisory buy side: | Translink Corporate Finance | M&A Advisory JSA Tax| Tax Advisory |
| Date announced: | 2024-06-13 |
In a strategic move, 819 Capital Partners, in collaboration with the management team, has acquired the touroperating division of ANWB. This acquisition marks a significant transition as the business unit will now operate under the name Fox Reizen. Leading the new organization are Gert-Jan Bressers, serving as CEO, and Richard Broekhoven as CFO.
Gert-Jan Bressers expressed his enthusiasm about the acquisition, stating that it presents ample opportunities for growth and enhanced competitiveness. He emphasized that the management buy-out will allow the team to operate more flexibly and effectively. Fox Reizen will continue to develop, sell, and execute tours under the ANWB and Fox brands, focusing on delivering exceptional travel experiences both in Europe and beyond.
The partnership with 819 Capital Partners is expected to bolster Fox Reizen’s capabilities and drive its success in the coming years. Bressers highlighted the combined expertise and passion of the team, expressing confidence in their ability to create memorable journeys for travelers. The collaboration aims to further expand Fox Reizen’s market presence and build on the foundation of its established brands.