M&A Deal Summary

lufthansa systems AG Acquires Sea Cloud Cruises

On December 31, 2008, lufthansa systems AG acquired leisure company Sea Cloud Cruises

Acquisition Highlights
  • This is lufthansa systems AG’s 2nd transaction in the Leisure sector.
  • This is lufthansa systems AG’s 2nd transaction in the United States.
  • This is lufthansa systems AG’s 1st transaction in New Jersey.

M&A Deal Summary
Date 2008-12-31
Target Sea Cloud Cruises
Sector Leisure
Buyer(s) lufthansa systems AG
Deal Type Add-on Acquisition

Target

Sea Cloud Cruises

Englewood, New Jersey, United States
Sea Cloud Cruises is a quality leader among cruise operators its owns and operates cruise ships.

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Buyer(S) 1

Buyer

lufthansa systems AG

Kelsterbach, Germany
Category Company
Founded 1995
Sector Information Technology
DESCRIPTION

lufthansa systems AG provide added value for its customers in terms of enhanced efficiency, reduced costs or increased profits.

DEAL STATS #
Overall 2 of 2
Sector (Leisure) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (New Jersey) 1 of 1
Country (United States) 2 of 2
Year (2008) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-09-29 Seabourn Cruise Line

Seattle, Washington, United States

Seabourn Cruise Line Ltd is a operator of luxury cruise ships.

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