Kuoni is expanding its presence in Namibia with the purchase of Royal Tours. The acquisition is scheduled for completion at the beginning of 2012 pending approval from the competition authorities. A purchase agreement has been signed.
Royal Tours generated turnover of CHF 1.4 million in the 2010/11 financial year. Kuoni is taking on its four employees. The company’s former owner will continue to manage Royal Tours’ operations. She will also take over management of Private Safaris Namibia, which handles Kuoni’s existing activities in Namibia.
Royal Tours specializes in all types of holiday and travel services within Namibia. Its most important client markets are Germany and Belgium. Namibia is one of the growth markets in African tourism.
