News

Kuoni ‘close to selling Ski Verbier’

Kuoni is close to selling luxury ski specialist Ski Verbier, according to reports at the weekend.

Switzerland-based Kuoni is in talks on a sale with investment firm Bluebird Partners, based in London. The Sunday Times reported the pair have been in talks for a year and suggested a deal is imminent.

Kuoni reported in September that it was close to selling a range of loss-making tour operations.

In a statement, Kuoni said it “no longer wants to run these activities and will explore exit options … The portfolio reduction affects European tour operating activities that have been loss-making for several years.”

Bluebird is a relatively new investment firm, founded in 2010, which targets the leisure sector and owns holiday parks on the Isle of Wight.

Share article

View Comments

Jacobs Media is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.