Investment firm to take over Haimark Line
Saturday, 27 Jan, 2016
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Haimark cruise line and its affiliated companies are to be acquired by financial firm VC2 Capital.
VC2 said it has agreed to buy all associated Haimark companies – Haimark Line, Ltd., Haimark S.A., Ltd. and Haimark Affinity Travel, Ltd.
"We are excited about the addition of the Haimark Companies to VC2’s growing portfolio of forward-looking travel investments. The luxury small ship concept is one of the fastest growing segments within the travel sector and will be an integral part of our investment strategy complementing our other travel related investments," said Adam Levin, Managing Director of VC2
"We believe the entire team from Haimark, with their entrepreneurial vision, commitment to high customer service and focus on company culture, is a perfect platform for us to build upon."
Denver based Haimark offers luxury small ship river and ocean cruises in North and South America, and Asia but last year filed for Chapter 11 bankruptcy protection.
"We share VC2s’s excitement in the Haimark acquisition. Their investment, together with their infusion of energy, expertise and capital, assures a positive future for Haimark and our employees, partners and guests," said Haimarl president Hans Rood.
"This transaction and funding allows us to launch our previously announced sailings to Cuba from Miami and to continue our best-in-class travel experience."
TravelMole Editorial Team
Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
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