Unlimited Travel Group UTG AB (publ) (OM:UTG) signed letter of intent to acquire 70% stake in Sydamerikaexperten Aktiebolag from Björn Larsson on August 29, 2023. Sydamerikaexperten has reported revenue of SEK 17.5 million in 2022. Björn Larsson, who will remain as CEO of the company.

The purchase is expected to be completed as of January 1, 2024.