First acquisition since split from TUI two years ago.
Strategic partnership follows 19% sales growth across the group this year.
The Intrepid Group has announced a strategic partnership with Polar and Latin American specialist, Chimu Adventures. Intrepid has taken a 50% stake in the Australian-owned company to meet a growing demand for sustainable travel experiences from increasingly adventurous travelers.
The investment from the Intrepid Group will fuel further growth for both companies, enabling Chimu Adventures to quickly scale globally and the Intrepid Group’s to further expand its tailor-made FIT product offering across the multi-brand business.
This is an excerpt from an article first published by The Adventure Travel News. Read the original article here: Intrepid Group acquires Chimu Adventures to further specialise in sustainable travel experiences.
