Barceló buys 49.5% of Ávoris from Globalia

26-10-22

Barceló is finalising the purchase from Globalia of the 49.5% of Ávoris that it did not control, which will give it the entire share capital of the company, the result of the merger of the two groups' travel agencies a year and a half ago.

Ávoris Corporación Empresarial, resulting from the merger of the travel agency divisions of Barceló and Globalia, received a €320 million bailout in March 2021, financed through the Solvency Support Fund for Strategic Companies of the State Industrial Ownership Corporation (SEPI).