Alpitour, the largest Italian tour operator, is for sale

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The largest shareholder of the tour operator Alpitour has decided to sell its stake in the leading tourism group in Italy. The information comes from an Italian financial newspaper. The Alpitour Group is the only integrated Italian group operating in the travel sector, which, with its brands, transports more than 4 million people every year, serves more than 100 different destinations around the world, employs around 4,000 people, manages 26 hotels, including six 5-star luxury hotels, and has a fleet (Neos) of 15 aircraft which provides long, medium and short-haul routes.

Giovanni Tamburi

Tamburi Investment Partners commissions Goldman Sachs

The majority shareholders of Alpitour World, of which Tamburi Investment Partners is the largest investor, which owns approximately 59% of Alpitour have given Goldman Sachs Bank Europe an exploratory process for the valuation of its shares. In other words, Giovanni Tamburi announces the launch of the largest Italian tourist group on the market. Other current shareholders are the Landini families, Levi, CEO Gabriele Burgio as well as other small shareholders

Tamburi Investment Partners

An investment fund might be interested

The group plans to close the financial year on October 31, 2023 with a turnover of between 2.2 and 2.3 billion euros, as well as with a gross operating margin of between 135 and 145 million euros. The valuation of the tour operator, by current shareholders, would be between 1.3 and 1.5 billion.

Alpitour France operates the Bravo Club and Seaclub brand

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