A&K Purchase Of Crystal Cruises Receives Applause From Travel Industry. Manfredi Lefebvre d’Ovidio has bought the bankrupt line’s brand and two ocean vessels

The Crystal Symphony (Courtesy Ports of America)The third time was the charm. After at least two previous attempts to buy Crystal Cruises, Manfredi Lefebvre d’Ovidio (Forbes Billionaires, #1,929, $1.3b) has bought the bankrupt line’s brand and two ocean vessels, Crystal Serenity and Crystal Symphony.

It marks his third venture on the high seas. In the late 1980s, his family sold Sitmar Cruises to P&O.

He then launched Silversea Cruises as one of the first lines with purpose-built luxury cruise ships before selling it last decade to Royal Caribbean in two tranches for $1.25 billion.

Full story https://www.forbes.com/sites/douggollan/2022/06/22/ak-purchase-of-crystal-cruises-receives-applause-from-travel-industry/?sh=7dfff754c987

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