A multimillion-pound takeover of the business, run by the Marks family with eight branches across Sussex and Kent, was announced on Tuesday (14 September).
The deal is aimed at helping Baldwins “navigate its way out” of the Covid crisis facing the travel sector, the company said in a statement.
Baldwins’ joint-managing directors, brothers Chris and Nick Marks, will continue with the business – with the jobs of more than 50 staff safeguarded.
Inc & Co will take on any existing payments due, tour operators will receive all monies owing and all customers will be refunded any outstanding payments.
