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Acquisitions

Your search for "Acquisitions" found 33 results


Quinn close to clinching another motorsport attraction for $9.8m
11 Oct 2021  

Quinn close to clinching another motorsport attraction for $9.8m

The Highlands and Hampton Downs owner appears to have sealed the deal for Bruce McLaren Motorsport Park Taupo by adding another $1.7m to his bid.


KKR buys coach and bus operator Ritchies
30 Aug 2021   /

KKR buys coach and bus operator Ritchies

The US investor swoops on the Kiwi business, which runs tour group and charter services as well as commuter and school routes.


Active Adventures enters US with Montana acquisition
25 Aug 2021   /

Active Adventures enters US with Montana acquisition

The deal gives Active access to a booming US domestic market as well as expanding its offering to 100+ different trips.


Go Bus acquires McDermott in southern expansion
2 Aug 2021   /

Go Bus acquires McDermott in southern expansion

Go Bus has acquired Invercargill-based McDermott Coachlines.


Why we sold Fullers GreatSights – John Thorburn
1 Jul 2021   /

Why we sold Fullers GreatSights – John Thorburn

The decision to sell the Bay of Islands operator was a difficult one to make, says Entrada’s CEO.


Explore buys Fullers GreatSights in Bay of Islands
30 Jun 2021   /

Explore buys Fullers GreatSights in Bay of Islands

The collapse in international tourism was the catalyst for talks, says Explore GM William Goodfellow.


Aus retailer enters NZ tourism with $2.7m hotel acquisition
5 May 2021   /

Aus retailer enters NZ tourism with $2.7m hotel acquisition

Australian-based retailer Mediland Pharm has entered New Zealand’s tourism sector with the $2.69m purchase of Hamilton’s Heartland Ambassador Hotel.


Super Fund jv boosts hotel portfolio with c.$60m deal
4 Dec 2020   /

Super Fund jv boosts hotel portfolio with c.$60m deal

New Zealand’s $42bn sovereign wealth fund has increased its exposure to the country’s tourism sector with the circa $60m acquisition of Queenstown’s five-star Sofitel Queenstown Hotel and Spa.


Holiday parks ripe for reinvestment – Tasman Tourism
22 Oct 2020   /

Holiday parks ripe for reinvestment – Tasman Tourism

Underinvestment in the country’s holiday parks has presented investors with an opportunity, says a new market entrant. 


Are NZ holiday parks on cusp of corporatisation?
2 Oct 2020   /

Are NZ holiday parks on cusp of corporatisation?

The acquisition of three holiday parks by overseas investors could start a trend, say industry experts.


Middle East investors enter NZ tourism with trio of acquisitions
1 Oct 2020  

Middle East investors enter NZ tourism with trio of acquisitions

Abu Dhabi private equity snaps up assets in New Zealand tourism’s hottest sub-sector.


Operator swoops on liquidation, snaps up tour assets
17 Sep 2020  

Operator swoops on liquidation, snaps up tour assets

Tranzit Group subsidiary Cross Country Rentals has acquired the assets of Christchurch-based Maugers Rentals which went into liquidation in March.


Ngāi Tahu buys out Skyline in The Station
9 Sep 2020   /

Ngāi Tahu buys out Skyline in The Station

The acquisition sees NTT take full ownership of the property.


Nick Nicholson’s plans for ‘Hannibal’ Hayes’ Heliworks
2 Sep 2020   /

Nick Nicholson’s plans for ‘Hannibal’ Hayes’ Heliworks

Work has begun on new products, says the new owner of the Queenstown-based operator.


Sir Richard ‘Hannibal’ Hayes sells Heliworks Queenstown
1 Sep 2020   /

Sir Richard ‘Hannibal’ Hayes sells Heliworks Queenstown

Action Helicopters’ Heli Glenorchy will take control of the Queenstown-based operation from today.


Wayfare’s Lauder on Cardrona’s $7m bid for TC
20 Jun 2019   /

Wayfare’s Lauder on Cardrona’s $7m bid for TC

Cardrona is on track to add a second skifield to its stable having made a long-expected offer to buy Treble Cone.


Helloworld scores with Williment Travel buy
10 Jun 2019   /

Helloworld scores with Williment Travel buy

Australian stock exchange listed travel giant Helloworld Travel has added another string to New Zealand business with the purchase of sports travel specialist The Williment Travel Group.


Naumi enters South Island with Queenstown acquisition
7 Jun 2019   /

Naumi enters South Island with Queenstown acquisition

Singapore-based Naumi Hotels has purchased The Dairy Private Hotel in Queenstown in its first foray into the South Island.


Rotorua’s OGO buys Zorb
16 May 2019  

Rotorua’s OGO buys Zorb

OGO’s Andrew and David Akers have bought rival ball rolling tourism business Zorb – a company the brothers originally launched 25 years ago.


INFLITE snaps up jump sites, operators in southern spree
10 May 2019   /

INFLITE snaps up jump sites, operators in southern spree

More staff and aircraft planned as the Auckland-based business expands its skydiving and scenic flight interests.


GCH enters whale watching with Kaikōura acquisition
9 May 2019   /

GCH enters whale watching with Kaikōura acquisition

The Christchurch-based operator will now control one of only two helicopter concessions to fly over the whale sanctuary.


Tourism Holdings’ sale of KiwiEx, Black Water Rafting falls over
3 Dec 2018   /

Tourism Holdings’ sale of KiwiEx, Black Water Rafting falls over

The operator blames the prospective buyer for a last-minute “bolt out of the blue” to chip the sale price.


Pandeys’ “multi-million dollar” plan for President Hotel
3 Dec 2018   /

Pandeys’ “multi-million dollar” plan for President Hotel

The family’s CPG Hotels says it wants to transform the 3.5-star Auckland asset into a 5-star offering by mid-2020.


MTC makes multi-million dollar move following Burkhart buy-in
29 Nov 2018  

MTC makes multi-million dollar move following Burkhart buy-in

The operator says it wants to “make the province sing” with its purchase of two iconic lodges.


Ngāmotu JV buys Novotel New Plymouth for $23m
26 Nov 2018   /

Ngāmotu JV buys Novotel New Plymouth for $23m

A joint venture between three Taranaki iwi has bought the Novotel New Plymouth Hobson Hotel for $23m.


Aharoni adds Wellington’s landmark Amora to hotel portfolio
20 Nov 2018   /

Aharoni adds Wellington’s landmark Amora to hotel portfolio

Eyal Aharoni’s Primeproperty Group has added a fifth hotel to its portfolio with the purchase of Wellington’s landmark Amora Hotel.


THL’s Webster “protective” of where tourism businesses go
24 Oct 2018   /

THL’s Webster “protective” of where tourism businesses go

Tourism Holdings’ CEO says he wants to ensure KiwiEx and Black Water Rafting are sold to the “right people”.


THL in talks to sell KiwiEx, Black Water Rafting
23 Oct 2018   /

THL in talks to sell KiwiEx, Black Water Rafting

The operator has been bounced into revealing sale talks are underway after fearing a breach of confidentiality.


Private equity-backed Bachcare expands south
21 Sep 2018  

Private equity-backed Bachcare expands south

Private-equity backed Bachcare has expanded its holiday home management services into Te Anau with the recent purchase of Te Anau Holiday Homes.


InterCity expands in Australia with Queensland acquisition
12 Jul 2018   /

InterCity expands in Australia with Queensland acquisition

Auckland-based InterCity has bought another Queensland scenic tour operator.


Waikato tours combine as Travel Time buys AgriTravel
8 Jun 2018  

Waikato tours combine as Travel Time buys AgriTravel

Travel Time South Pacific has bought Waikato-based specialist agricultural tour operator, AgriTravel International.


Stevenson’s South Pacific acquires Wings Over Whales
7 Jun 2018  

Stevenson’s South Pacific acquires Wings Over Whales

Helicopter operator South Pacific Aviation has expanded into fixed-wing scenic tours with the acquisition of Wings Over Whales Kaikōura.


INFLITE jumps into skydiving with multi-million dollar acquisition
23 Apr 2018   /

INFLITE jumps into skydiving with multi-million dollar acquisition

Aviation tourism operator INFLITE has entered the New Zealand skydive sector with a multi-million dollar purchase of Skydive Franz Josef Glacier.