Cruise Factory, Seven Oceans Cruising, Cruise Abroad and Worldwide Cruise Centres to join Helloworld.
Helloworld has just announced the acquisition of Cruise Factory, Seven Oceans Cruising, Cruise Abroad and Worldwide Cruise Centres, in a deal worth $664,000 in cash plus 100,000 Helloworld shares.
Helloworld executive director Cinzia Burnes said the deal reflected the “growth and unprecedented demand within the cruise sector in Australia”. She said the new businesses would complement Helloworld’s existing The Cruise Team operation, as “beneficial aditions to our wholesale division that will deliver us results in this key area”.
Cruise Factory is a cruise data provider with a database covering all major ocean and river cruise products, while Seven Oceans and Cruise Abroad are wholesale cruise specialists, providing cruise packaging and services to a wide range of travel agencies – including the affiliated network of Worldwide Cruise Centres.
More details in tomorrow’s issue of Cruise Weekly.