As published in CK Momentum Issue 1 (Click here to download)
In late 2013, CK acted for NRMA Motoring & Services on the sale of its portfolio of wholesale travel businesses. Assets sold by the NRMA included the Adventure World Travel, Value Tours, and Creative Cruising brands, while the retail business, NRMA Travel, was kept.
Peter Karcher, Partner in our Corporate & Commercial group, was responsible for CK’s work on the transaction, which was made interesting and challenging by the integration of the sale businesses with other businesses and services across the NRMA group, and work required to separate out what was being sold from assets and services the NRMA wanted to retain.
ClarkeKann conducts work for the NRMA across our legal practice areas, including property