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Intrepid takes 40 per cent slice of Aussie travel company

12/05/2019| 4:05:15 PM| 中文

Intrepid’s minority stake in RAW Travel could turn into a majority stake down the track but wasn’t part of the plan in the short-term.

Intrepid Group has announced a strategic investment that will see the company take a 40 percent stake in RAW Travel.

The Australian-owned company, which specializes in tailor-made and self-guided walking adventures, will remain independent of Intrepid, with co-founders Dave and Mel Reynoldscontinuing to have complete autonomy in the day-to-day operations of RAW Travel.

Intrepid co-founder Darrell Wade will join the RAW Travel board as part of the deal, which is effective immediately.

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TAGS: Intrepid | Raw Travel | adventure travel
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