to acquire a large scale presence in this world renowned tourism destination. Located only a short distance from Tahiti, Bora Bora and Moorea boast a level of geographic beauty and overall luxury unrivalled elsewhere." On 6 March 2016; AccorHotels announced that Grey Investment acquired all three Sofitel-branded resorts in French Polynesia for undisclosed sums. According to the report, Fredrick Grey and Franck Falletta negotiated for over six months regarding the acquisition of the holding company of the resorts, Tahiti Nui Travel. The resorts are operated and managed on a day-by-day basis by AccorHotels. Along with the purchase of the resorts, Tahiti Nui Travel also own the, Tahiti Tours, Tekura Travel Tahiti and Pacific Experience operations. Final Deed of Ownerships were signed 18 November 2016. Through the Tahiti Nui Travel acquisition, Grey Investment acquired an undisclosed minority-shareholding in Air Tahiti Nui. After the sale, AccorHotels Chief Operating Officer, John Orzinga said, “This deal with the Grey Investment Group highlights our continued capability to attract leading investors in the Pacific region.” The Sofitel Resorts are; Sofitel Bora Bora Private Island Sofitel Bora Bora Marara Beach Resort Sofitel Moorea Ia Ora Beach Resort Hotel Samoa Scenic Tours Founded in 1967 by the Grey family and two smaller investors. The Grey Family hold multiple stakes in Samoa Scenic Tours & Inbound Services Ltd that account for 1,800 shares (42.86%) of the companies ownership making them the largest shareholder, with the two smaller shareholders owning 1,200 shares (28.57%) each. Samoa Scenic Tours operate in all fields of the Tour industry as they operate coach tours, air charters, cruise ship tours, as well as tailored tours and inter-island tours within the pacific. Samoa Scenic Tours operate Visitor Information, Domestic Travel Booking and Meet & Greets. They also operate ventures in Accommodation Services and Accommodation Transfers, as well as, Event Management through their Parent company. Other Investments Grey Investment hold a 50.06% shareholding in Apia Bottling Company Ltd. Apia Bottling is responsible for Manufacturing, Importation, and Exporting of all bottled goods in Samoa. Grey Investment hold a 20.00% shareholding in Samoa Artisan Water Company Ltd. a High-end bottled water exporter headquartered in Samoa. Large importers include China, New Zealand, and Taiwan. Grey Investment own Aggie Grey's Inflight Catering Services; who have contracts to operate Catering Services for Air New Zealand, Thomson Airways, and Iceland Air; for their flights leaving Samoa. The company also serves the Royal New