Voyageurs du Monde acquires 60% vital interest in Original Travel

LONDON – Two of Europe’s best tailor-made transport companies join army to build a leading, premium, tailor-made debate user in a English-speaking world.

Voyageurs du Monde, France’s heading tailor-made transport company, announced it has done a poignant vital investment in appropriation a 60% seductiveness in Original Travel, one of a UK’s fastest flourishing bespoke transport companies.

The merger follows a 12-month examination of a UK marketplace by Voyageurs du Monde, as it sought an investment event to serve raise a general operations into pivotal English-speaking markets. Original Travel and a existent government group will turn Voyageurs du Monde’s partner and height for organic and desirous expansion in a English-speaking world.

Original Travel has gifted undeviating expansion given a investiture in 2003. In contrariety to a bespoke transport sector, that usually recently returned to pre-recession levels, multi-award winning Original Travel has achieved 6 times income expansion given 2007. In 2016 income grew some-more than 20% to £15m, and a English-speaking patron bottom outward a UK has some-more than doubled in a final year. Post Voyageurs du Monde’s investment, Original Travel will build on this expansion both organically and by merger in pivotal English-speaking markets.

Voyageurs du Monde S.A. is listed on a Euronext (Alvoyageurs du Monde) and is now trade around a all-time high, with a marketplace capitalisation of c. 260m. euros. In 2015 a association reported income of 362m euros and EBITDA of 21m. euros. Voyageurs du Monde is infancy owned by a government team, Alain Capestan, Jean Francois Rial, Lionel Habasque, Frederic Moulin and Loic Minvielle.

Original Travel was founded in 2003 by Nick Newbury, Tom Barber and Alastair Poulain with a aim of mixing a personal insights and well-developed trust of rarely gifted transport consultants to emanate noted holidays and experiences.

Today, Original Travel’s group of 50 has trafficked to over 160 countries on fact anticipating missions and combined scarcely 50,000 bespoke itineraries. These operation from Big Short Breaks by to extensive sabbaticals, such as an 18-month prolonged grand debate of a creation that wove together 92 itineraries, including training to sketch sleet leopards in Ladakh and diving South Africa’s famous Sardine Run.

Voyageurs du Monde has acquired a 60% seductiveness in Original Travel by appropriation a shares of all non-employee shareholders in Original Travel, including those hold by private equity association Hotbed. The remaining 40% seductiveness will continue to be hold by Original Travel’s existent government team, that includes dual of Original Travel’s founders, Nick Newbury and Tom Barber, along with Neill Ghosh, Director of Sales and Service.

Original Travel will be adding serve to a “Life is in a Detail” tender over a entrance weeks, building on a services offering by Voyageurs du Monde: for example, Original Travel will have entrance to Voyageurs du Monde’s group of English-speaking concierges, that are located locally opposite a entirety of a general network. The Concierge use will give Original Travel’s clients another internal assisting palm to serve raise their holidays, in serve to a UK-based bureau assistance and 24/7 puncture use it now offers alongside a on-the-ground teams in any of a destinations.

Original Travel’s attribute with Voyageurs du Monde has already desirous a launch of a latest patron  service proposition, serve improving on Original Travel’s already high use levels.

Original Travel’s brand, operational government and group structure will continue unchanged. The Board of Directors of Original Travel will change however, and will be: Nick Newbury, Chief Executive Officer; Tom Barber, Chief Product Officer; Neill Ghosh, Director of Sales and Service; Alain Capestan, MD, Voyageurs du Monde Group; and Jean-Francois Rial, CEO Voyageurs du Monde.

Commenting on a acquisition, Jean Francois Rial, CEO of Voyageurs du Monde, said: “We are really vehement about a investment in Original Travel. We have been hugely tender by their market-leading patron use levels, their innovative product and 14-year consecutive expansion profile. We trust a Original Travel government group are a best placed group in a UK to assistance us rise a heading bespoke transport association in a English-speaking world.”

Nick Newbury, CEO, Original Travel, said: “Voyageurs du Monde is a phenomenally successful business and we were flattered to have been approached. Voyageurs du Monde’s general ambitions, rarely innovative proceed to patron service, product and record will be transformational for a expansion of Original Travel and a team. Our clients can rest positive that it will really most be business as common and they will continue to accept a high levels of use and innovative product that they have come to design from Original Travel. Partnering with a business that shares a ethos is a hugely poignant expansion as we embark on a subsequent step of a corporate growth.”

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Posted by on Jan 10 2017. Filed under News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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