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Viajes Azul Marino plans new acquisitions

Viajes Azul Marino prevé nuevas compras

Intel ID : 237612
Synopsis

Viajes Azul Marino, based in Spain, is planning the acquisition of new agencies, reported Hosteltur on 11 June, 2016, citing company CEO, Juan del Hoyo.

The company aims to have a point of sale in each Spanish city, for which it will need one in Galicia and Andalucía, where it is not present yet.

Additionally, Del Hoyo explained that, following the acquisition of Nortesur, Viajes Navarra, Viajes CajaSur, and Gantour, Viajes Azul Marino is considering another acquisition to enter sectors where it has barely any operations, such as luxury or event tourism.
(content in spanish)

Viajes Azul Marino tiene prevista la adquisición de nuevas agencias, según ha informado la web Hosteltur el 11 de junio de 2016, basándose en declaraciones de Juan del Hoyo, CEO de la compañía.

El objetivo de la compañía es tener un punto de venta en cada ciudad, por lo que les faltaría alguno en Galicia y Andalucía, donde todavía no tienen presencia.

Asimismo, Juan del Hoyo ha asegurado que, tras las adquisiciones de Nortesur, Viajes Navarra, Viajes CajaSur y Gantour, Viajes Azul Marino contempla alguna operación más para entrar en segmentos donde apenas está, como el turismo de lujo o los eventos.

Intel ID 237612
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
Source
Tags

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

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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.