Arion Bank ad­visor to buy­ers in the ac­quis­i­tion of Nicetravel

Arion Bank's Corporate Finance division acted as advisor to the buyers in the acquisition of all shares in Nicetravel ehf.

Nicetravel is a well-established travel company that has built a strong position in the Icelandic tourism market. Since its founding, the company has grown steadily and developed into a robust operation with a distinct market position in organised tours around Iceland.

The company has established a strong standing based on experience, quality of service, and the purposeful development of its operations. The transaction creates a solid foundation for the continued growth of the company under new ownership.

We congratulate the buyers and sellers on the transaction and thank all parties involved for a successful collaboration.