Artemis, a holding company for a
portfolio of luxury brands, has completed the acquisition of French luxury
expedition line Ponant.
Ponant had been
owned for the past three years by Bridgepoint, a European private equity firm.
Artemis is
controlled by France’s Pinault family. Its brands include the auction
house Christie’s and the French winery Chateau Latour.
Ponant, based in
Marseilles, carried nearly 30,000 passengers last year and had sales of $165
million, the company said.