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Intrepid-Chimu deal to help boost UK profiles

Operators
Tom Parry
24 August 2017

Last week Intrepid Group revealed it had bought a stake in Latin America and Polar specialist Chimu Adventures – its first investment since splitting from Tui in 2015. Intrepid chief executive James Thornton and Chimu co-founder Chad Carey talk to Tom Parry about the deal.

Greg Carter, James Thornton, Chad Carey

Intrepid’s global boss has refused to rule out further acquisitions, after the group announced a joint venture with Australian-owned Chimu Adventures last week – its first acquisition since splitting with Tui in 2015.


The move comes as Intrepid celebrates a strong year in the UK, with British sales in January surpassing its native Australian market for the first time in the company’s 28-year history.


Chief executive James Thornton told TTG the UK market outselling Australia could become “a much more regular occurrence” in future.