Hitt og þetta 10. apríl 2006

Avion Group acquires Kosmar Villa Holidays Plc

Nordic Business Report-April 10, 2006-Avion Group acquires Kosmar Villa Holidays Plc
(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com

The Icelandic air and sea transportation solutions group Avion Group said on Monday (10 April) that its United Kingdom based subsidiary, the charter airline and leisure services company Excel Airways Group Plc, has agreed to acquire the tour operator Kosmar Villa Holidays Plc.

The purchase price was not disclosed.

Kosmar Villa Holidays is the UK's leading Greece specialist. It is currently licensed to sell over 250,000 holidays.

The acquisition will strengthen Excel Airways Group's tour operating division.

((Comments on this story may be sent to tww.feedback@m2.com))