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A&K Travel Group Ltd Acquires Luxury Cruise Vessels Crystal Serenity and Crystal Symphony

June 24, 2022

London – Paul Hastings LLP, a leading global law firm, advised A&K Travel Group Ltd, the Heritage-owned travel group, on its acquisition of two luxury cruise vessels, Crystal Serenity and Crystal Symphony.

A&K Travel Group Ltd is an industrial holding company managed by Manfredi Lefebvre d’Ovidio, Chairman of Heritage Group, and Geoffrey Kent. As part of the acquisition, A&K Travel Group has also acquired the award-winning brand ‘Crystal Cruises’. The two vessels will resume service in 2023 after undergoing extensive refurbishment and will continue to operate under the Crystal Cruises brand.

The Paul Hastings team was led by Corporate M&A partner Matthew Poxon, alongside Restructuring partner David Ereira, Finance partner Peter Hayes, and associates Elizabeth Athanassios, Rohin Ghosh Dastidar and Danté Adams in London. They were supported by Financial Restructuring Partner John Storz and associate Cole Harlan in New York. Paul Hastings received external counsel from Callenders in the Bahamas, alongside HFW and Stephenson Harwood acting as maritime counsel.

About Paul Hastings

Dedicated to providing intellectual capital and superior execution to the world’s leading Wall Street and global investment banks, asset managers and corporations, Paul Hastings is a premier global finance law firm with elite teams in finance, mergers and acquisitions, private equity and litigation. It is one of only a handful of law firms ranked across multiple core finance areas including: structured credit, leveraged finance, private credit, capital markets, and real estate finance.

Paul Hastings is ranked as one of the top firms in the world in The American Lawyer’s “Premier League” for momentum, profit and prestige amongst firms in the 2022 American Lawyer 100.

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