Kuoni expands Scandinavian presence with acquisition
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Kuoni has expanded its services in Scandinavia following the acquisition of Swedish luxury tour operator Lime Travel. The Stockholm-based company is a tailored long-haul specialist and its current team will continue to run its day-to-day operations. It will be integrated with the Swedish unit of Kuoni’s north region division market. “In acquiring Lime Travel, we are expanding our business activities in the Swedish luxury travel sector,” said Leif Vase Larsen, executive vice-president northern region of the Kuoni Group and CEO of Kuoni Scandinavia. “Our new acquisition should also offer synergies with the existing premium Kuoni products. And, at the same time, it should enable us to expand our luxury travel business into our Norwegian and Danish markets.”
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