Mantis Group buys entire shareholding in Zambezi Queen
The Mantis Group has purchased the entire shareholding of the companies which own the Zambezi Queen. The Zambezi Queen is a luxury house boat which takes tourists on cruises on the Chobe River between Namibia and Botswana. The effective date of the transaction was on 22 October 2012.
"We would like to thank Tony Stern for his contribution to both building the Queen and his subsequent marketing of the product," said Adrian Gardiner, chairman of the Mantis Group. "Mantis, while being a partner with Stern has had the management contract for the past 18 months. Our management couple, Wayne and Vicky Nel, are committed to the Zambezi Queen and have helped make it into the product it is today."
The current sales and reservations office will remain where it is in Cape Town, under the Nel's management. It is proposed that this office will move in the New Year, but stay in Cape Town.
