Kompas, Slovenia’s oldest travel agency, has been sold to the Luxembourg-based company Special Sits General Partner II, with the newspaper Delo reporting that the company behind the new owner is a Spanish venture capital fund.
The seller, Croatian group Fortenova, has already notified the competition watchdog, which needs to give its go-ahead for the takeover. According to the news web portal Siol.net, Kompas employs more than 200 people in Slovenia alone, generating about EUR 75 million in annual sales revenue. Kompas was recapitalised in 2017 and has been operating at a profit for the past three years.