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This marks a major exit in the European travel tech sector and a strategic move in the global market of experiences, which is worth over 150 billion euros.

The transaction follows a series of landmark cross-border M&A deals announced by Clipperton since January 2018 including the acquisition of Cheerz by Cewe (France/Germany), the acquisition of Cardoen by Aramisauto (Belgium/France), and the sale of givve to the Up Group (Germany/France).