Anglo-Eastern Univan Group Signed A Letter Of Intent

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Anglo-Eastern, a leading global provider of independent ship management services, is set to acquire Cruise Management International and CMI Leisure Management, according to a press release as reported by Cruise Industry.

A step forward 

Anglo-Eastern is going to step a foot into the cruise industry after acquiring CMI and CMI Leisure. 

CMI provides technical management, whereas CMI Leisure manages hotel operations, crewing and other functions.

Transferring Share Capital

According to a statement,” The shareholders are pleased to pass the entire share capital of CMI to the new owner Anglo-Eastern, which has the scale, reputation, and technical capability to develop the business and continue the services provided to CMI’s clients and customers in the bespoke expedition cruise sector.” 

Anglo-Eastern is delighted to find this opportunity to extend its ship management into a whole new sector with the investment of these two operators.

Sales and Operations

The sale and purchase are to be finalised in July 2022.

CMI remains based in Miami, where the company’s business and operations will be managed.

CMI oversees cruise ships ranging from smaller passenger and coastal vessels to large 2,000- passenger vessels in the expedition, Arctic operations, Luxury adventure and Educational Cruising Markets, in various parts of the world.  

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Source: Cruise Industry