Radar > 236611

Viajes Azul Marino and Viajes Kuoni announce partnership

Viajes Azul Marino y Viajes Kuoni anuncian alianza

Intel ID : 236611
Synopsis

Viajes Azul Marino, a Spain-based travel agency, announced the forging of an alliance with Spain-based Viajes Kuoni, a travel operator, for the bilateral sale of their products, in a press release issued on 13 May, 2016.

Specifically, under the alliance, Viajes Azul Marino will become an official Kuoni agency for a five-year period, while Viajes Kuoni will, in turn, market Viajes Azul Marino's products.

The goal of the alliance is to strengthen the two companies' position in the tourism market. Through the agreement, Azul Marino and Kuoni will be able to take advantage of synergies and become more competitive with the expansion of their product catalog.
(content in spanish)

Viajes Azul Marino, agencia de viajes española, ha anunciado la confomación de una alianza con la también española Viajes Kuoni, gestora de viajes turísticos, para la venta bilateral de sus productos, en una nota de prensa publicada el 13 de mayo de 2016.

En concreto, con la alianza, Viajes Azul Marino se convertirá en agencia oficial de Kuoni durante cinco años, mientras que Viajes Kuoni comercializará a su vez los productos de Viajes Azul Marino.

El objetivo de la alianza es fortalecer el posicionamiento de las dos empresas en el mercado del turismo. A través del acuerdo, Azul Marino y Kuoni podrán aprovechar sinergias y volverse más competitivas al ampliar su catálogo de productos.

Relevant Documents

Bidder

Ultimate Owner (Buyer)

Switzerland

Intel ID 236611
Value ND
Native Currency Euro (EUR)
Financial Data - Viajes Azul Marino
(31 Dec 2015)
Revenue: EUR 21,94m
EBITDA: EUR 0,43m
Net Debt: EUR 6,87m
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
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Bidder

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Tourism, Hotels and Restaurants (Primary)
Technology and Telecoms / Internet
Primary Sector (TTRSC)
15.10.05 Hospitality Services
15 Consumer Products & Services / 15.10 Travel, Hospitality & Leisure

Country
Website
Description

Bidder

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Sports and Leisure (Primary)
Primary Sector (TTRSC)
15.10.05 Hospitality Services
15 Consumer Products & Services / 15.10 Travel, Hospitality & Leisure

Country
Website
Description

Ultimate Owner (Buyer)

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Sports and Leisure (Primary)
Country
Website
Description

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.