Ponant Explorations Group acquires a majority stake in Aqua Expeditions, the small-ship expedition company recognized for its exceptional river and ocean cruises in South America, Southeast Asia and beyond.
This strategic acquisition by PONANT EXPLORATIONS GROUP, backed by Artémis Group, the Pinault family's investment company—which owns prestigious fashion houses through Kering, including Gucci, Saint Laurent, Bottega Veneta, Balenciaga, and the renowned auction house Christie's; the Pinault Collection, the world's largest private collection of contemporary art; Artémis Domaines, encompassing a collection of the most exclusive wineries, including Château Latour; and Creative Artists Agency (CAA), the world's leading entertainment and sports agency—will enable Aqua Expeditions to continue expanding its global presence and boost its growth as a destination specialist.
Aqua Expeditions currently operates small boats in biodiversity hotspots such as the Galapagos, Raja Ampat, Komodo, the Spice Islands, the Mekong River and the Amazon River in Peru.
Francesco Galli Zugaro, CEO and founder, will remain a shareholder and, together with his senior management team, will continue to lead the company as an independent business unit, operating under the “Aqua Expeditions” brand.
This transaction comes at a key time, as Aqua Expeditions prepares to launch itineraries in East Africa, exploring the Seychelles and Tanzania, with a special focus on the Aldabra island group.
“We are delighted to welcome Aqua Expeditions to the Ponant family,” said Hervé Gastinel, CEO of PONANT EXPLORATIONS GROUP.
“This partnership aligns perfectly with our vision of excellence and sustainability in the luxury sector. It reflects our commitment to offering unparalleled travel experiences in iconic destinations like the Galápagos and now also on river cruises, while preserving the natural beauty of the places we explore. We are deeply impressed with the exceptional company Francesco has built over the past 18 years and the unique brand he has developed in the realm of experiential travel.”.
“Joining forces with PONANT EXPLORATIONS GROUP and having the support of the Artémis Group is an extraordinary opportunity for Aqua Expeditions,” said Francesco Galli Zugaro, CEO of Aqua Expeditions.
“Partnering with another family-owned company ensures we maintain a legacy of luxury for our brand. With the financial backing and expertise of our partners, we are ideally positioned to continue our growth and offer our guests unforgettable journeys to the world’s most biodiverse and culturally rich regions, while upholding our core brand values.”
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