Experience Co to acquire two major FNQ operators
Experience Co will acquire Big Cat Green Island Reef Cruises and Tropical Journeys. The announcement coincides with Experience Co’s largest capital raise, seeking almost $61 million through an accelerated non-renounceable entitlement offer.
Experience Co CEO Anthony Ritter said these acquisitions support the company’s goal to become the world’s largest adventure tourism company.
“While Experience Co’s existing tourism offerings in Far North Queensland are growing from strength to strength, our newest string of acquisitions will help us position so many more world class experiences to both domestic and international customers who want see what the region and beyond has to offer,” he said.
Headquartered in Cairns, Big Cat Green Island Reef Cruises offers Green Island and Cairns Harbour experiences through its brands Big Cat Green Island and Cairns Harbour and Sunset Tours.
Owned and operated by the Jones family, Tropical Journeys offers snorkelling and diving tours of the Great Barrier Reef through its portfolio of brands including: Calypso Snorkel and Dive, Aquarius Sailing and Daintree Tours.
Directors Cathie and Graham Jones said they are excited for the next chapter, and sons Adam, Chris and Tony Jones will continue to work for the new company within their reef and rainforest operation.
“A big thank you to everybody who has helped and supported, our businesses over the last 18 years,” said Cathie Jones. “We are very proud of our achievements and know that it will go from a great business to an even better one.”