(Finance) – The majority shareholders of Alpitour Worldincluding the Asset Italia 1 club deal (vehicle promoted by Tamburi Investment Partners and of which TIP is the largest investor) which holds approximately 59% on a fully diluted basis, gave assignment to Goldman Sachs to start a exploratory process for the valorization of one’s shares. The process involves sending a teaser to counterparties, already identified, and will be divided into subsequent phases once the expressions of interest that will be received have been evaluated, we read in a note from TPI.
Alpitour World is one of the most important tourist realities in Europe, the only integrated Italian group operating in the travel and holiday sector thanks to its five divisions active in the tour operating, hotel, aviation, DMC and travel agencies businesses. With its companies and various brands it allows more than 4 million people to travel every year, serves over 100 different destinations in the world, employs around 4,000 people, manages 26 hotels, of which six are 5 star luxury, has a fleet of 15 latest aircraft generation operating long-, medium- and short-haul routes, as well as four additional aircraft scheduled for delivery by 2024.
Alpitour World expects to close the financial year on 31 October 2023 with a sales between 2.2 and 2.3 billion euros and a EBITDA between 135 and 145 million.