Mergers and acquisitions

Great Rail Journeys targets 'global market leadership' under new owner

The operator’s owner has passed the firm on to new investors after seven years, stating it has global growth ambitions

New Jetline owner weighing up whether to retain brand after acquiring assets

Travelodeal has acquired assets belonging to Jetline Holidays and Jetline Cruise parent Jetline Travel went after the brand ceased trading as an Atol holder in March and went into administration

Audley Travel £600 million sale 'postponed' amid market turmoil

Owner 3i’s plans to sell Audley Travel have reportedly been put on hold

Albatros Expeditions and Polar Latitudes to merge expedition cruise fleets

Two brands to join forces under same ownership group to ’coordinate and combine’ their Arctic and Antarctic expedition cruise operations

InteleTravel acquires sport and entertainment ticketing platform

InteleTravel has paid an undisclosed sum for a ticketing specialist that will operate as a stand-alone brand and provide product for its agents

Ambassador unveils debut fly-cruise programme weeks after merger

The line will offer a fly-cruise Caribbean programme in October with charter flights being operated by Virgin Atlantic

Hotelplan UK brands tipped to flourish in Kuoni parent's safe hands

’It does seem like a very good move by Dertour,’ one expert tells TTG after Kuoni’s parent acquired Hotelplan Group and its UK brands, including Inghams and Explore Worldwide

Kuoni parent Dertour Group acquires Hotelplan Group and UK brands

Deal covers Hotelplan’s Inghams, Inntravel, Santa’s Lapland and Explore Worldwide brands, but not holiday home specialist Interhome

Off Broadway Travel acquires south London agency Travel Designers

It follows Travel Designers owner Nicholas McKay’s decision to step back from day-to-day running of his agency and transition towards retirement after 25 years

Intrepid Travel acquires €60-million-revenue brand from Travelopia stable

Amsterdam-headquartered Sawadee offers more than 250 trips across 100 countries and will bring an additional 20,000 customers a year to Intrepid

Imminent acquisition will give InteleTravel agents a 'competitive edge'

InteleTravel chief executive James Ferrara insisted the US homeworking giant would only acquire firms once it had been proven any deal would ’make the company bigger, better and more competitive’

Ponant acquires majority stake in rival small-ship line

The French cruise operator said it was ’deeply impressed’ with Aqua Expeditions, while stressing the brand would continue to operate as a standalone business unit

Hays Travel franchisees join forces to set up new business

Lewis Miller and Andy Holbrook, who met thanks to the both of them being Explorer Travel franchisees, have founded WorldLuxe Travel and joined the Hays Travel Independence Group

Cruise Club UK expecting 'a bit of jealousy' after hinting at second exclusive world cruise charter

Cruise Club UK can now exclusively sell a 371-day world voyage and its segments after being acquired by Australia’s Ignite Travel Group in October

Ambassador merges with French cruise operator to create new group with larger fleet

The no-fly cruise company will launch its debut fly-cruise programme this winter with sailings from three Caribbean homeports – Barbados, Martinique and Curacao

Holiday Extras founders pass on ownership after 42 years

The remaining stake in Holidays Extras has been sold by founders Gerry and Carol Pack, in a deal that sees them exit after 42 years, with son Matthew heading up the brand and its management team

Doncaster Sheffield airport welcomes first flight in two years

An aircraft has landed at Doncaster Sheffield airport for the first time since late 2022 as talks about its reopening continue

'No reason Classic Collection can’t double in size now,' says On the Beach chief

Shaun Morton, chief executive parent company On the Beach, has revealed what he has in store for Classic Collection following its restructure

Hurtigruten and HX finalise separation following buyouts

The lines have been acquired by investment consortia, both led by asset management firm Arini Capital Management. The buyouts are expected to be completed in January 2025.

Glasgow, Aberdeen and Southampton airports to expand under new owner

The new owner of Glasgow, Aberdeen and Southampton airports promises more routes and investment at each

Air India absorbs former rival carrier and confirms Singapore Airlines stake

Air India Group has completed the latest stage of its privatisation revamp, absorbing former rival Vistara and confirming Singapore Airlines involvement

C&M Travel Recruitment directors complete management buyout

Managing director Basia Kolosinska and sales director Duncan Tingle have acquired former chair Angus Chisholm’s stake in the business to take full control of C&M

'An exciting next phase of growth': Inside Travel Group attracts £20 million in fresh investment

The group, which operates the InsideJapan and InsideAsia brands, has partnered with B Corp specialist investor Piper and Japan’s sovereign wealth fund Cool Japan Fund

First Class Holidays acquires African Pride and Knighton Reeve

Tailor-made specialist said the acquisition would enhance its long-haul portfolio