KKR-backed Travelopia Announces a Major Investment in Croatia
Croatia, 12 June 2018 – KKR-backed Travelopia, one of the world’s leading experiential travel groups, has signed an agreement with Croatia’s Brodosplit to build a new 200 passenger expedition ship designed for operation in the polar region. The ship will offer an unparalleled and innovative expeditionary capability and provide unique travel experiences for Travelopia's customers.
Croatia is an investment destination for KKR as a leading, global investor. The agreement by Travelopia demonstrates KKR’s ongoing support of Croatian businesses and contribution towards creating employment in the region. KKR has earlier obtained full local regulatory approval to invest, through its portfolio company United Group, in Nova TV. Through this transaction, United Group will be able to support local production capabilities and step up investments into own content production in Croatia.
KKR is a leading global investment firm that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate and credit, with strategic manager partnerships that manage hedge funds. KKR aims to generate attractive investment returns for its fund investors by following a patient and disciplined investment approach, employing world-class people, and driving growth and value creation with KKR portfolio companies. KKR invests its own capital alongside the capital it manages for fund investors and provides financing solutions and investment opportunities through its capital markets business. References to KKR's investments may include the activities of its sponsored funds. For additional information about KKR & Co. L.P. (NYSE: KKR), please visit KKR's website at www.kkr.com and on Twitter @KKR_Co.
Travelopia is one of the world’s leading specialist travel groups. A pioneer in the experiential travel sector with a portfolio consisting of more than 50 independently operated brands, most of which are leaders in their sector. From sailing adventures, safaris and sports tours, to Arctic expeditions, each brand is diverse and focused on creating unforgettable experiences for customers across the world.
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