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Travelopia agrees to buy tailormade travel specialist
Travelopia has agreed to acquire Germany-based luxury tailormade travel specialist, Enchanting Travels.
The deal is subject to regulatory approval and agreement from Enchanting Travels’ minority shareholders.
Founded in 2004 by Parik Laxminarayan and Alex Metzler, Enchanting Travels has six offices across four continents.
Its customers are primarily from North America, Western Europe and Australia.
Travelopia CEO Andy Duncan said: "Parik and his team have created an exciting and innovative business that utilises the latest technology to help redefine tailormade travel and offer life changing holidays.
"We look forward to working with the team to expand Enchanting Travel’s destination and luxury travel offering, and to support its growth in its primary source markets of Germany and the USA."
Parik Laxminarayan, Enchanting Travels CEO, said "The opportunity for us to join Travelopia and embark on a much bigger journey with a much larger vision is something we are very excited about."
Bev
Editor in chief Bev Fearis has been a travel journalist for 25 years. She started her career at Travel Weekly, where she became deputy news editor, before joining Business Traveller as deputy editor and launching the magazine’s website. She has also written travel features, news and expert comment for the Guardian, Observer, Times, Telegraph, Boundless and other consumer titles and was named one of the top 50 UK travel journalists by the Press Gazette.
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