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Gray Dawes seals double acquisition

Business
Tom Parry
22 February 2019

Gray Dawes Group has agreed a deal to purchase part of Inc. Travel Group and an entire takeover of Vip Leisure Travel in a double acquisition.

Aerticket has landed in the UK via an acquisition

The move follows Gray Dawes’ purchase of Giles Travel in November and takes its number of acquisitions over the past four years to eight.

Gray Dawes has taken over Inc. Travel’s corporate and marine businesses, helping the company establish a strategic presence in Manchester alongside its offices in London, Amersham, Cambridge, Colchester and Leamington Spa.

Outgoing Inc. Travel chief executive, Bill Tannahill, will retain the Fairway International sports business that was previously part of Inc. Travel.