PONANT has announced its plan to acquire Paul Gauguin Cruises.
Following the acquisition, the two cruise lines will keep their management, Diane Moore acting as CEO of Paul Gauguin Cruises with her team still based in Bellevue, WA and Navin Sawhney acting as CEO Americas of Ponant, based in New York.
“We are pleased to welcome Paul Gauguin Cruises to our Ponant family,” said Jean-Emmanuel Sauvée, founder and president of PONANT. “Our guests can now select from a wider range of iconic destinations and become enriched by cultural and expedition cruises of their choice, that literally travel to the ends of the earth from the most remote ports to more perennial favorites, on our combined fleet of small ships. We share the same core values. The synergy between our operations makes this the perfect collaboration while preserving the unique DNA of both brand experiences.”
PONANT aims to expand its fleet of ships to 14 by 2021, operating in the islands of Tahiti, French Polynesia, and the South Pacific.
(Source: Pax News 16August 2019)