Worldwide Dive and Sail and blue o two merge

0

Worldwide Dive and Sail and blue o two are pleased to announce that they are in the final stages of finalising a merge that will bring their two companies together in a merger of equals.

Worldwide Dive and Sail

 

The parties intend to pursue a combining and growth of their liveaboard fleets, while separately continuing the international growth of blue o two, which is already the UK’s largest scuba diving tour operator, as a provider of worldwide adventure travel products. The deal is expected to be completed by the end of 2016, with the re- branding and combining of fleets expected to follow 18-24 months after the subsequent closing of the merger, subject to regulatory and board approval.

blue o two at The Scuba News

The combination of these two like-minded and complementary businesses will create a leading player in the dive industry. It is the culmination of four years of talks and an extension of the existing partnership that they began with formation of Master Liveaboards in 2014.

Following completion of the transaction board members and other executives, as well as the name of the merged group, will be announced.

In a joint statement, the owners of both companies said…

“We are extremely excited about the future. We are looking forward to using the combined innovation and passion that both companies are already known for to continue to expand our product range globally by investing in an ever growing portfolio of international destinations. It will allow us to provide both our existing and future customers with an unparalleled service to build a sense of adventure and excitement from the moment they discover our products and services”

Comments

Share.

About Author

Worldwide Dive and Sail

Founded by Frank Van der Linde in 2004, Worldwide Dive and Sail owns and operates the Siren Fleet and Master Liveaboards brands bringing divers to some of the World’s top rate dive destinations. We dive year round in the Philippines, Palau, Fiji, Indonesia, the Maldives, the Galapagos and Truk Lagoon.

Leave A Reply