Abercrombie & Kent is in “superior discussions” over a possible acquisition of the UK enterprise of Cox & Kings.
The posh journey firm’s proposal will safeguard all present and future bookings and staff of Cox & Kings UK and contain new funding within the enterprise, A&Okay mentioned.
As a heritage model, with a loyal shopper database and glorious product portfolio, A&Okay believes the 2 firms complement one another to create a mixed proposition that may develop the UK luxurious journey market.
Geoffrey Kent, A&Okay founder, commented: “I’m excited on the prospect of including the Cox & Kings UK enterprise to the Abercrombie & Kent household.
“The acquisition will develop our portfolio of product choices within the UK, notably with their established escorted touring programme. That is simply the beginning of our progress plans within the UK and globally.”
Abercrombie & Kent, owned by Manfredi Lefebvre d’Ovidio and Geoffrey Kent, pioneered luxurious journey journey with the primary African safaris in 1962.
Kerry Golds, managing director of Abercrombie & Kent, added: “We’re dedicated to investing in Cox & Kings.
“It’s a famend model with an skilled and devoted staff that I’m wanting ahead to working with.
“I’m assured that with their sturdy commerce relationships and constant shopper base, we will take Cox & Kings to the following stage.”