Company Sale

Splendia

Date: MAY 2016

Operation: Sold to
Voyage Privé (VPG)

Turnover: €40M (booking sales)

Sector(s): IT - TMT

Activity: Internet / Tourism

Created by Elie de Coignac in 2004, Splendia.com has joined VPG (Voyage Privé Group). SPLENDIA, an OTA based in Barcelona accessing over 3,500 luxury hotels all over the world, has generated up to €40m a year in hotel reservations.

The acquisition will enable VPG (€500m in added value, 400 staff), the European leader in private sales of tourist products, to enlarge their offer: clients will be able to reserve specific hotels and luxury villas except during periods of private sales.

Advisor to the Seller:

Financial: LINKERS (Nicolas du Rivau)

Advisor to the Buyer:

Legal: CADJI AVOCATS (AL. Dufau, A.Mouraux)

Read the press release