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SPAIN - Corpfin Capital acquires tour operator Catai

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Private equity firm Corpfin Capital has completed the acquisition of a 50% stake in travel business Catai Viajes. The remainder will be held by the family Torres, the founder of the group, and the current management team.

Catai Viajes was established in 1980. Last year, the company served more than 40,000 clients and generated sales of around EUR 112m. It is understood that Corpfin's business plan encompasses the creation of an office in India and expansion of Catai's activities in Asia.
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