António Costa and Sonia Santos Pereira
Disposal The company travel agencies and tourism operation is to arouse the interest of the sector entities and investment funds. The Holy Spirit Travel, which owns the tourist agency Top Atlantic is active near the Espírito Santo Group (GES) to dispose . Rioforte (‘holding’ the GES group that owns the Travel ES) and asked the controlled management in Luxembourg mandated BES Investment and society PLMJ lawyers to proceed with the operation of sale. The Economic Daily know that there are several entities interested in buying the company, including international funds. This is the third transaction of sale of the GES assets, after the entry into controlled management. Last week, it was known the intention of sale of ES Health, which turned out to be the target of a takeover (takeover bid) by the Mexican group Ángeles. The sale of Tivoli hotels are also underway. Mário Machado, General Manager of ES Travel, secured last week, the RTP, that exercise is going “very well, the company’s situation is quite comfortable financially “and that has managed to” tackle all “commitments.” About the possibility of stakeholders in the company, the official said that his “concern is that the company is managed in the best possible way to create value for the owner of the company and is a profitable and interesting company. Being profitable, someone will be interested. “ Mário Machado also said that the division of BES created” some problems in the first four weeks “August.” Fortunately, the Bank of Portugal was sensitive to the arguments of profitable companies like ours that need to continue to work and are almost normal, “he said. The Travel ES stands as the Portuguese market leader travel and tourism. The company has a network of about 50 stores and still operates on Internet and telesales channels. A Top brand Atlantic assume leadership positions in business and leisure segments. Trips The ES also works with brands Carlson Wagonlit Travel and BCD Travel in the corporate segment. Portuguese tourism market in works by Solférias and World Vip Wood, and the ‘incoming’ with Top Atlântico DMC DMC and Madeira. The company has a presence in Angola, Italy and Spain. In the past year, and the resulting situation, ES Travel forward with a process of adjustment and reorganization of its structures, having advanced through a process of termination of 40 employees covering a total of 700. 
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