All Leisure Group will acquire Hebridean International Cruises, including the Hebridean Princess and other related assets, for £1.4m.
During 2008, the ship recorded £7.0m in revenues and £1.2m in profits before tax.
The luxury cruise ship sails from the western isles of Scotland, the Orkney and Shetland Isles and Norway between March and November every year.
All Leisure Group also operates Swan Hellenic and Voyages of Discovery cruises.
By staff writer