The management of a Chinese international conglomerate and investment company with a global presence is looking to acquire large companies specialized in travel, such as travel agencies, holiday providers etc. The target ideally should have revenue exceeding 50 million EUR, but also 500 million; the management of the buyer is ready to finance acquisitions of a large value.
This buyer is a strong group of companies in multiple industry sectors. The business of the company is focused in three divisions – health, entertainment, and finance. The group owns companies in industries such as
The company was established in the 1990s, however, since then, it has grown into a large multinational company with international reach. Currently, the company works in many regions including India, Australia, USA, Europe, Middle-East or Africa.
The buyer is financially very strong, with a yearly distributable profit of more than 1 billion EUR. The company is stock listed and growing by double digits every year. The company now decided to expand its footprint in CIS, CEE area, especially Turkey.
Contact us to get details about this large Chinese buyer of travel-related companies
The company’s investment strategy is diversified, with multiple industries. In recent years though, the company has put a focus on tourism and travel companies. The company has already made some large acquisitions in this field and is prepared to continue expanding its presence in the tourism industry.
The buyer is looking for a target company, with operation related to tourism, such as:
The company should be financially stable, be preferably a number one in its market sector, and have a good outlook to the future. The company should generate positive EBITDA. The buyer is open to any country in Europe, preferably the company should be from Turkey or CEE. The buyer has finished multiple acquisitions in recent years and is ready to do more if suiting targets occur.
Feel free to contact us for more information regarding this Chinese buyer of travel companies or if you know possible suited targets. For more buyers of companies please visit the section companies wanted. We can help you with an active search for companies for sale. For companies for sale visit the section companies for sale.
Note: CFIE only works with formal companies. We do get a lot of requests and it is difficult to follow up on all inquiries from visitors to our website. For each company, we assess the likelihood of a future transaction. We only get back to you if we see a realistic opportunity to do a future acquisition or business sale. In order to increase your chances of receiving a reply as an individual, please explain as much as possible about your personal background, strategy and fit with the target. There is also a possibility that your details will be kept on file and we will get back to you once there is an opportunity to do a transaction. CFIE can’t guarantee you will receive an answer to your request.