United Kingdom
United States
Asia Pacific
Silversea chairman takes majority stake in Abercrombie & Kent
Silversea Cruises chairman Manfredi Lefebvre has teamed up with Abercrombie & Kent founder Geoffrey Kent to take control of A&K.
They have acquired the business from real estate company Zhonghong Holdings Group, with Lefebvre’s Heritage Group taking a 85% shareholding with Kent owning the remaining 15%.
Both men have been friends and occasional business partners for more than 20 years.
Lefebvre said it is a ‘separate and unique’ transaction via his Heritage Group business that doesn’t involve the Silversea Cruises business.
Royal Caribbean Group acquired a 66% stake in Siversea last year.
Abercrombie & Kent’s network of DMCs comprise 56 offices in 26 countries.
"Abercrombie & Kent is the finest luxury travel company in the world, and I am honored to be able to partner with Geoffrey Kent to help this remarkable company continue its record growth," Lefebvre said.
Kent said: "I am very excited to be working with Manfredi. I cannot think of a better or more experienced partner for the next phase of A&K’s growth."
A&K was founded back in 1962.
The deal is expected to be finalized later this year.
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.
Tony from Gatto’s Pizza on Columbus’s Unique Pizza Trail
Sophia Hyder Hock on Global Social Inclusion in Tourism
Sustainable Tourism: Don Welsh on Community Values and Global Collaboration
Jane Cunningham: Enhancing European Engagement in Tourism
Kristin Dunne: Navigating Destination Strategy
Revolutionizing Mobile Connectivity: Boris Bijlstra on HUBBY eSIM
Capturing Glasgow’s Vibrancy: An Interview with Susan Deighan, Chief Executive of Glasgow Life
Lebua Hotel & Resorts: Rajan Khurana on Hospitality and Bangkok’s Charms
Sustainable Tourism and Growth: Insights from Chiravadee Khunsub from Tourism Authority of Thailand
Revolutionizing Travel: SmartSIM USA’s Dale Takio Unveils the Power of E Sims
TravelMole Interview with Hishan Singhawansa, Deputy CEO of Cinnamon Hotels & Resorts, Sri Lanka
Unveiling the Essence of Magari Tours: A Dive into Authentic Italian Experiences
EU airports bring back 100ml liquid rule
British Airways passengers endure 11-hour 'flight to nowhere'
CLIA: Anti-cruise demos could cause itinerary changes in Europe
Co-pilot faints, easyJet flight issues ‘red alert’
Gatwick braces for strike