UVET, Undisputed Leader of the Italian Travel Industry Acquires a Majority Stake of US-Based Travel Company, Select Italy

    NEW YORK, NY, February 15, 2018 /24-7PressRelease/ -- A new alliance has been formed between Select Italy, an American boutique travel company founded in 1997 specializing in customized travel, and UVET, a global travel industry leader and innovator with almost 70 years of experience in corporate, MICE and leisure travel. With its established global presence, UVET boasts a vast network of incoming agencies offering local insight and real-time support throughout "Il Bel Paese."

In this newly formed venture, Select Italy joins UVET under its umbrella of diverse travel brands, with the long term strategy of ongoing growth in North America. With about 1,500 employees and an annual turnover of EUR 2.6 billion, UVET will contribute to the growth of Select Italy by providing access to its comprehensive portfolio of hand-picked products and access to additional destinations. Select Italy, together with UVET, will remain committed to the highest level of service, offering superior products to its clientele.

In the words of Mr. Luca Patanè, President & CEO of UVET: "We are excited to partner with Select Italy, as we share the same values and vision creating the opportunity for both of us to combine efforts. This enables our company to enter the North American market, which will now have access to additional travel products. We share Select Italy's passion for attention to detail, service of the highest quality and a client-centric focus. This is a stimulating way to start the new year and we look forward to a bright future."

Mr. Jacopo Sertoli, President of Select Italy adds: "To partner up with UVET makes us very proud, and this is the result of the efforts made by my father. The North American market will now be able to rely on an unprecedented opportunity to have premium services for Italy and beyond."

About Select Italy: Founded in Chicago in 1997, and now based in New York, Select Italy has been a trusted ambassador of Italian travel expertise since its establishment by Andrea Sertoli and currently led by his son, Jacopo. With the acquisition by UVET, Jacopo will remain closely involved in the Company's operations. Select Italy offers a wide array of superior products and services including customized itineraries, state-of-the-art tours and packages, wedding/honeymoon trips, unique culinary classes, a complete pre-departure ticketing service for museums, cultural and musical events, private guided services, private yacht charters, transportation, hotel reservations, villa bookings and more. Select Italy is committed to creating the perfect vacation and maximizing enjoyment for its clients by adhering to the highest standards of professionalism. For more information call (800) 877-1755 or visit www.selectitaly.com

About the UVET Group: Founded in Milan in 1950, the group has grown to be a leader in the Italian travel industry, providing innovative solutions and products for corporate and leisure travel, ground and air transportation, MICE and pharmaceutical conferences. UVET Group's portfolio of brands consists of UVET American Express Global Business Travel & Ufleet (Corporate Travel & Fleet Management); Settemari and Amo il Mondo (Tour operating); Made in UVET (Destination Management); Uevents and Congress Lab (MICE); UVET Network and UVET Retail (Travel Distribution); Tripitaly Drive (Land Transportation); UHC-Uvet Hotel Company (Hotel Management); Blue Panorama (Airline); TNS (System Integrator and IT Solutions). With over 1,500 employees worldwide and an annual turnover of EUR 2.6 billion. For more information visit www.uvet.com

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