Kuoni Acquires Dorado Latin Tours
Kuoni Switzerland continues to expand its portfolio in the specialist segment and acquired Dorado Latin Tours AG. The travel specialist is one of the leading operators of tours to South America and the Polar regions. There will be no change to the situation of the management and the employees of Dorado Latin Tours, who will continue to develop the company further.
Dorado Latin Tours has been active on the Swiss market for 7 years. The experienced company offers specialized and individual trips to South America, from Columbia to Tierra del Fuego. Its program also includes expeditionary trips to the Arctic and Antarctic and to the Falkland Islands.
In 2006, Dorado Latin Tours posted sales of CHF 7.5 million. The parties agreed not to divulge the price of the sale transaction. There will be no change to the situation of the company’s eight employees and its management, who will continue to develop the company further. The operator brand Dorado Latin Tours will be retained.
Dorado Latin Tours has been incorporated into the strategic business unit Switzerland since April 1 and assigned organizationally to the division with specialized subsidiaries under the management of Urs Bellmont. Dorado Latin Tours thus becomes the ninth independent operator brand under the umbrella of the specialized subsidiaries of Kuoni Switzerland.