ADNEC Group Acquires French Tour Operator Karavel from Equistone
December 5, 2023
Abu Dhabi-based ADNEC Group has agreed to acquire Karavel, a leading French tourism group, from Equistone Partners Europe. The deal is intended to accelerate ADNEC Group's international expansion in the tourism sector and support Karavel's growth into new markets; completion remains subject to regulatory approvals.
- Buyers
- ADNEC Group
- Targets
- Karavel
- Sellers
- Equistone Partners Europe
- Industry
- Restaurants & Hospitality
- Location
- Île-de-France, France
- Transaction Type
- Buyout
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