L Catterton to acquire a majority stake in AmaWaterways from Certares.

L Catterton, a global investment firm, agreed to acquire a majority stake in AmaWaterways, an award-winning luxury river cruise line, from Certares, an investment management company. Financial terms were not disclosed. "This is an exciting new chapter for AmaWaterways. L Catterton brings unique insight into today's customers, as well as exciting ideas on how we can work together to capitalize on a number of growth opportunities across our business. They share our passion for innovation and an unwavering commitment to creating unparalleled guest experiences. We look forward to working with them to continuously expand and enhance our river cruise portfolio for our customers," Rudi Schreiner, AmaWaterways Co-Founder and CEO.