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SeaLink Travel Group has
announced it has entered into an agreement to acquire 100% of the securities in
the entities that comprise
Captain Cook Cruises Western Australia the leading provider of ferry
commuter services and tourism products on the Swan River in Perth.
The purchase price of $12 million includes vessels, plant
equipment, all contracts, licences, intellectual property and goodwill.
SeaLink Managing Director, Jeff Ellison (image below
right) said: “We are delighted to expand our business
footprint into Western Australia, a st ate
set for strong tourism expansion.”
“We see significant upside with the opening in January this year of Elizabeth
Quay, a major Western Australian development project open in Perth’s central
business district adjacent to the Barrack Street Jetty.”
“This development will reconnect the city and the Swan River, bringing public
spaces, business opportunities and much needed accommodation to Perth. There is
potential to provide marine transport to the new football stadium and the
expanded casino and the ability to offer further commuter services in Perth.”
Captain Cook Cruises WA CEO, Pauline McAlinden (image
below left) said the business was poised for expansion in
the wake of the opening of Elizabeth Quay.
“We are excited and confident about SeaLink’s expertise to successfully add
value and grow the tourism business in Western Australia given their track
record in other operations around Australia,” she said |
