(CercleFinance.com) – Voyageurs du Monde and its British subsidiary Orignal Travel have acquired control of Extraordinary Journeys.
This specialist in tailor-made trips to Africa was founded 12 years ago. Based in Washington, Extraordinary Journeys operates 100% online. The company achieved a turnover of nearly 13 MUSD in 2019 and has 26 employees.
The financing will be provided from equity and thanks to the sums raised during the Convertible Bond issues that took place in 2021.
The Group is revising upwards its objectives announced at the closing of its accounts last April. Over the full year, the group’s objective (excluding external growth) is to achieve a turnover of between 80 and 85% of that of 2019 (compared to 70 to 75% in the last publication), i.e. approximately 400 million euros in 2022 (compared to 350 ME at the last publication).