Ausonia outlines strategy

2021-10-14T20:20:18+00:00 October 14th, 2021|Finance|

Newcomer Ausonia Cruise Holdings has formed a Monaco based corporate entity to act as the main governing body for its cruise-industry investment ventures.

A team of experienced finance professionals and cruise industry operating executives have been brought together to form special purpose acquisition companies to effect a merger, asset acquisition, or similar business combination with one or more entities in the company’s target market.

Areas of focus will be cruise, yachting  or cruise-centric businesses that have attractive growth-oriented characteristics and strong  underlying drivers.

The strategy will be managing the growth and the acquisition of select assets and/or companies with the potential to create long term value.

Ausonia said that its near term aim is to proceed towards an IPO next year on a select US-based marketplace in order to secure the financing necessary to proceed with the acquisition strategy.

The company’s Board consists of cruise industry experts who are working together to take advantage of investment opportunities under the current favourable business climate, both in terms of asset valuation and availability of capital, Ausonia said.