Montefiore Investment-backed Ciela Village completed the acquisition of Koawa Vacances.

Montefiore Investment-backed Ciela Village, an outdoor accommodation company, completed the acquisition of Koawa Vacances, an operator of campsites. Financial terms were not disclosed. “The signing of this major transaction marks a new stage in our development strategy. This was made possible thanks to the support of Montefiore Investment, an experienced investor, active for years in the outdoor hotel sector and more broadly in the French tourism industry, ” Thierry Bouchard, Ciela Village President.