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Bolster Investment Partners takes 25% stake in Oceanwide ExpeditionsBolster Investment Partners takes 25% stake in Oceanwide Expeditions

Bolster Investment Partners has acquired a minority stake of 25% in Oceanwide Expeditions, to support the cruise line in broadening its shareholder base, increase its financial strength and accelerate growth.

Holly Payne, Editor Video Production and Deputy Editor

December 17, 2020

1 Min Read
Credit: Seatrade Cruise News

Michel van Gessel, ceo, Oceanwide Expeditions, commented, ‘Expedition cruises are a segment of the travel industry that keeps growing... Especially in times like these, owning our own fleet of vessels offers us flexibility and allows us to control our costs. 

‘With our strong market position, solid financial balance sheet, and the support of Bolster as a committed shareholder who shares our vision, nothing stands in the way to continue our success.’ 

Mark van Rijn, partner, Bolster Investment Partners said the cruise line operates ‘in a niche in which we like to invest,’ adding, ‘We have been in contact with Oceanwide for years and have a lot of admiration for how the company is managed.’


 

Read more about:

Oceanwide Expeditions

About the Author

Holly Payne

Editor Video Production and Deputy Editor

Holly is Deputy Editor, Seatrade Cruise Review & Seatrade Cruise News and has experience managing a range of highly successful international business and consumer titles. With a flair for video reporting and a history of overseas work documenting people and places of diverse cultures, Holly brings a variety of skills to the Seatrade Cruise portfolio.

Holly’s academic credentials include oral and written Arabic language skills (intermediate-advanced), an MA Multimedia Journalism with NCTJ accreditation, and a BA (Hons) Degree in Classical and Archaeological Studies with English and American Literature.

 

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