Lindblad Expeditions Expands with Strategic Safari Acquisition

Lindblad Expeditions Holdings (LIND) has shared an update.

Lindblad Expeditions Holdings, Inc. has completed its acquisition of Wineland-Thomson Adventures, Inc. (WTA) and its affiliates to bolster its land-based travel offerings and grow its market presence. WTA, which includes renowned safari brand Thomson Safaris with over 40 years of experience in Tanzania, along with three other leading safari tour operators, was purchased for $24 million plus 682,593 shares of Lindblad stock. This strategic move adds highly respected adventure and safari specialists to the Lindblad portfolio, enhancing its experiential travel credentials.

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