Njord-backed Ambassador Cruise Line and CFC agree to merge

The merger will create a no-fly cruise line.

  • Ambassador Group will be majority owned by Njord Partners
  • The transaction is expected to close by the end of January 2025
  • Njord Partners uses both debt and equity to invest in portfolio companies

Ambassador Cruise Line, a Njord Partners portfolio company, has reached an agreement to merge with the French cruise operator Compagnie Française de Croisières.

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