Biblos Group has been acquired by CVC Brasil
Biblos America LLC has sold Biblos Group to CVC Brasil Operadora e Agência de Viagens S.A. (CVC). Financial details have not been disclosed.
Biblos Group, which includes Biblos and Avantrip, was founded in 1979 and is one of the largest e-commerce companies in Argentina. The group has over 400 partners and operates through online platforms that offer travel products and services as well as consumer reward programs. In the offline sector, Biblos Group operates through travel agencies focused on the luxury and corporate markets and in corporate events, with annual confirmed bookings of approximately US$200 million in 2017.
CVC Brasil Operadora e Agência de Viagens, together with its subsidiaries, offers tourism services in Brazil and internationally. The company provides intermediation, airline tickets, ground transportation, hotel reservations, cruise tickets, culture and professional exchange, and other tourism services. It also offers corporate and leisure travel, and cultural and professional exchange services. The company markets its tourism services directly to customers through independent service providers. As of 30 June 2018, CVC operates 1,216 exclusive travel agencies and approximately 53 franchise stores. The company was founded in 2009 and is headquartered in Santo André, Brazil.
Oaklins' team in Argentina advised the seller in this transaction.


Talk to the deal team

Alejandro Dillon
Managing Partner
Buenos Aires, ArgentinaOaklins Columbus

Related deals
Nature & Stratégie has sold Beauté Directe to Groupe Nature
Beauté Directe has been acquired by Groupe Nature, a distributor of organic health products.
Learn moreKontrolFreek has been acquired by SteelSeries
The shareholders of KontrolFreek, LLC (KF) have sold the company to SteelSeries.
Learn moreThe Music People has been sold to JAM Industries
JAM Industries, a subsidiary of DCC plc, has acquired The Music People (TMP), a musical instrument and pro-audio distributor.
Learn more