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  5. Karavel Acquires FRAM

M&A Deal Summary

Karavel Acquires FRAM

On November 27, 2015, Karavel acquired leisure company FRAM

Acquisition Highlights
  • This is Karavel’s 1st transaction in the Leisure sector.
  • This is Karavel’s 1st transaction in France.

M&A Deal Summary
Date 2015-11-27
Target FRAM
Sector Leisure
Buyer(s) Karavel
Deal Type Add-on Acquisition

Target

FRAM

Toulouse, France
FRAM is a long-established player in the French tourism industry, operating under two brands: FRAM and Plein Vent. FRAM, founded in 1949, is a French leader in general tours. Since its creation, FRAM has placed the customer at the heart of its concerns.

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Buyer(S) 1

Buyer

Karavel

Paris, France
Category Company
Sector Consumer Services
Revenue 507M EUR (2018)
DESCRIPTION

Karavel operates as a tour operator and an online travel agency, offering a full range of services including airline tickets, hotel rooms, cruises, and package holidays through multiple online channels which receive over seven million unique visitors each month. Karavel is based in Paris, France.

DEAL STATS #
Overall 1 of 1
Sector: Leisure M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: France M&A 1 of 1
Year: 2015 M&A 1 of 1
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