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Hurtigruten secures new ownership with €360 Million investment

Written by Anja | Dec 2, 2024 2:00:09 PM

Consortium of existing investors steps in to drive future growth

Hurtigruten, a global leader in expedition and coastal cruising, has announced its acquisition by a consortium of existing investors. The group has committed over €360 million in new capital to support the company's long-term growth and sustainability goals.

Focus on financial stability and innovation

The investment aims to improve Hurtigruten's financial structure and accelerate its strategic initiatives, including advancements in sustainable cruising. The company has been a pioneer in eco-friendly travel, boasting hybrid-powered ships and a commitment to reducing emissions.

A step toward future expansion

The consortium’s backing provides Hurtigruten with the resources needed to expand its global footprint and maintain its position as a leader in environmentally conscious travel. CEO Daniel Skjeldam emphasized that the capital injection will help the company weather market challenges while pushing forward innovation.

Commitment to sustainable tourism

Known for its dedication to responsible travel, Hurtigruten plans to continue enhancing its sustainability efforts. The new capital will likely support initiatives that align with this vision, ensuring that eco-conscious cruising remains a priority.

Strategic growth ahead

With the acquisition finalized, Hurtigruten is set to strengthen its operations and explore new opportunities in the growing market for sustainable adventure travel. Investors and customers alike are watching closely to see how the company will leverage its renewed financial backing to lead the industry.

More on Hurtigruten.

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