woodscruise Posted August 25, 2011 #1 Share Posted August 25, 2011 Adelaide-based SeaLink Travel Group has just announced the acquisition of iconic Sydney-based tourism business Captain Cook Cruises. The deal, for an undisclosed sum, includes 15 vessels used on CCC's flagship Sydney Harbour operations, along with the Murray Princess paddlewheeler used in South Australia. It also includes the related infrastructure, marina berths and licenses - but not Captain Cook Cruises' operations in Fiji. CCC founder Captain Trevor Haworth said the deal marked the start of a "new and exciting chapter" in the company's history. "As a family business, we have always placed enormous value on our staff, customers and business relationships. It is very satisfying to know that SeaLink shares these same values," he said. "SeaLink is the ideal tourism partner to add further investment and grow this business further," he added. Anthony Haworth has been appointed General Manager of Captain Cook Cruises, while Jackie Haworth-Charlton will remain as Director of Sales. All of the 300 staff in the Sydney and Murray River operations are expected to be retained under the new ownership. It's the latest move in a series of acquisitions by fast-growing SeaLink, which earlier this year purchased the Townsville-based Sunferries Group. More information in today's Cruise Weeklyand tomorrow's Travel Daily. Souce - Travel Daily. Link to comment Share on other sites More sharing options...
Rare erewhon Posted August 25, 2011 #2 Share Posted August 25, 2011 Thank you for this information. Link to comment Share on other sites More sharing options...
The_Big_M Posted August 25, 2011 #3 Share Posted August 25, 2011 Interesting, also that they're not buying the Fiji operations. So I guess they'll stay as they are? Link to comment Share on other sites More sharing options...
woodscruise Posted August 25, 2011 Author #4 Share Posted August 25, 2011 Adelaide-based SeaLink Travel Group this morning announced the purchase of iconic Australian cruise company Captain Cook Cruises. THE move continues SeaLink’s acquisition spree, after its purchase earlier this year of the Townsville-based Sunferries operation. Captain Cook Cruises founder, Captain TrevorHaworth, said the sale (CW breaking news) was a major development in the history of thecompany.“SeaLink is the ideal tourism partner to add further investment and grow this businesseven further,” he said. The price for the deal has not been disclosed, but it was a fair reflection of the company’s performance through the recent challenging periods for the international and domestic tourism markets in Australia, as well as CCC’s strong future prospects.The acquisition includes 15 vessels which service the flagship Captain Cook Cruisesoperations in Sydney Harbour, as well as the Murray Princess accommodated paddlewheeler cruise operation in South Australia.There’s no information at this stage about the future of CCC’s Fijian operations, but all of the approximately 300 staff employed in Sydney and on the River Murray are expected to be retained under the new ownership.CCC ceased its own operations on the Great Barrier Reef some years ago, instead opting tosell space on Coral Princess cruises there. SeaLink said the acquisition would add morethan $30 million to its total annual revenue, taking it to about $110m in total.Captain Haworth’s son Anthony Haworth has been appointed General Manager of CaptainCook Cruises, while his daughter Jackie Haworth Charlton will remain as its Director of Sales.SeaLink Travel Group chairman, Giuliano Ursini, said the deal was an ideal strategic fitfor the company, giving it access to Sydney “where we see significant cross-sellopportunities with our combined brands and customers.“It will be the coming together of two respected and complementary tourismoperators who have so much to offer visitors”.He said the acquisition heralded the most exciting growth period in SeaLink’s 22-yearhistory and would help set its future course. Haworth and his wife founded Captain CookCruises more than 40 years ago, growing the business from a small coffee cruise operatorwith a single vessel all the way to its current status as an Australian tourism icon. Source Cruise Weekly Thursday 25 August 2011 Link to comment Share on other sites More sharing options...
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