Ponant*

Ponant is a leading specialist luxury cruise operator, headquartered in Marseille, and the market leader in luxury specialist polar cruises.

Sector Consumer Office Paris
Acquired 2012 Deal size N/D

Background

Ponant currently transports over 22,000 per year to the polar regions and other locations, operating in a growing luxury cruise segment. It was acquired from Groupe CMA CGM, the French container shipping company. Founded in 1988 and employing 580 personnel, the company has the youngest and best invested fleet in the market.    

The luxury cruise market is a distinct and under-penetrated segment of the broader cruising market that enjoys resilient growing demand and an affluent global customer base. The company is the largest cruise operator in the polar region where demand outstrips supply and access is limited to specialist vessels. Consequently, it benefits from high barriers in its niche market.   

In July 2015 Ponant was sold to Artémis. To learn more about the company, visit http://en.ponant.com

 

*Formerly known as Compagnie du Ponant