Flight Centre Travel Group Acquires UK Online Cruise Agency Iglu

Flight Centre Travel Group (FCTG), parent company of Flight Centre, Envoyage and Laurier du Vallon in Canada, has acquired Iglu, the UK-based online cruise retailer that operates Iglu Cruise, Planet Cruise and Iglu Ski.

The purchase marks a major expansion of FCTG’s global cruise business. With Iglu added to its portfolio, the company expects its cruise-related total transaction value (TTV) to nearly double, surpassing $2 billion annually by FY26. FCTG says the growth will be driven by Iglu’s technology platform, established brands and specialization in the cruise and ski sectors.

Iglu’s digital platform is set to integrate across FCTG’s leisure divisions to create what the company describes as a unified, omnichannel cruise experience with potential for further international growth.

Graham “Skroo” Turner, FCTG’s managing director, said the deal positions the company for long-term gains.

“This acquisition delivers immediate shareholder value through EPS accretion and is a game-changer in terms of the future opportunities it unlocks in the global cruise market. Iglu brings a strong brand and a scalable technology platform that aligns with FCTG’s strategic objectives.”

Iglu will continue operating under its existing leadership team in the UK.

Topics From This Article to Explore