M&A Deal Summary

Carnival Acquires Holland America

On February 12, 1989, Carnival acquired leisure company Holland America for 625M USD

Acquisition Highlights
  • This is Carnival’s 1st transaction in the Leisure sector.
  • This is Carnival’s largest (disclosed) transaction.
  • This is Carnival’s 1st transaction in the United States.
  • This is Carnival’s 1st transaction in Washington.

M&A Deal Summary
Date 1989-02-12
Target Holland America
Sector Leisure
Buyer(s) Carnival
Deal Type Add-on Acquisition
Deal Value 625M USD

Target

Holland America

Seattle, Washington, United States
Holland America's cruise ship Rotterdam tied up in Fort Lauderdale, Florida.
Holland America's cruise ship Rotterdam tied up in Fort Lauderdale, Florida.
Holland America is a cruise line based in Seattle, Washington. The Company was established in 1873 as a cargo shipping and passenger line between the Netherlands and North America.

Search 197,704 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Carnival

Miami, Florida, United States
Category Company
Founded 1972
Sector Leisure
Employees106,000
Revenue 21.6B USD (2023)
DESCRIPTION
Carnival's corporate headquarters in Miami, Florida.
Carnival's corporate headquarters in Miami, Florida.

Carnival is a cruise ship operator and vacation company. Carnival's portfolio includes Carnival Cruise Lines, Holland America Line, Princess Cruises and Seabourn in North America; P&O Cruises (UK), and Cunard in the United Kingdom; AIDA Cruises in Germany; Costa Cruises in Southern Europe; Iberocruceros in Spain; and P&O Cruises (Australia) in Australia. Carnival was incorporated in 1972 and is based in Miami, Florida.

DEAL STATS #
Overall 1 of 3
Sector (Leisure) 1 of 3
Type (Add-on Acquisition) 1 of 1
State (Washington) 1 of 1
Country (United States) 1 of 3
Year (1989) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1998-04-08 Cunard Line

Valencia, California, United States

Cunard Line is a British-American shipping company famous for the QE2 and later the QM2. It is based in Valencia, California.

Buy -
Mergr

Product

Company

Legal