Anglo-Eastern Univan Group has signed a letter on intent (LoI) to acquire Cruise Management International and CMI Leisure Management.
The shareholders have voted to pass CMI’s entire share capital to Anglo-Eastern, which has the scale and technical capability to develop the business and continue the services provided to CMI’s clients and customers in the bespoke expedition cruise sector, the company said.
The deal is expected to be finalised in July, 2022, following the standard due diligence.
CMI will continue to be based in Miami, from where the group’s companies will maintain their businesses and operations.
