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Mergers and acquisitions

Newmarket Holidays sells off educational tours division
The brands have been acquired by Next Generation Travel
Vacation Rentals UK expands portfolio with Mulberry Cottages acquisition
The Mulberry team will continue to operate from its Canterbury, Cheltenham and Winchester offices
On The Go Tours goes to new investors
Yet another tour operator attracts investors
Minoan edges closer to Stewart Travel sale
The group announced plans to dispose of the Scottish agency chain in December last year
On the Beach hails ‘flexible business model’ after summer heatwave hit
The OTA said as holiday demand fell during the 10-week heatwave, it was able to reduce its marketing spend to ensure revenues continued to grow irrespective
Classic Collection acquired by On the Beach Group for £20 million
The group will launch an online booking portal for agents under a new brand called Classic Online
IAG ends interest in Norwegian acquisition
Boss Willie Walsh said the group would now dispose of its 4.61% stake in the airline
Tui completes DMC buyback from Hotelbeds
The reported £110m deal brings three former Tui brands back in house after selling Hotelbeds less than two years ago
Neilson sold to private equity firm LDC
The transaction provides an exit for Risk Capital Partners
AccorHotels takes majority stake in 21c Museum Hotels
The boutique chain, founded in Louisville in 2006, has 11 properties open and under development across the US
Private equity firm swoops on The Appointment Group
Big investment in Tag days before new chief executive starts
American Express completes £400m Hogg Robinson takeover
The newly expanded group says it will be able to offer clients ’a wider range of products and services’, with work to integrate the two firms under way
American Express Hogg Robinson deal green lit by regulator
The £400m buyout has been approved by the EU’s competition authority following clearance in Russia and the US
Fosun granted approval to spin off tourism unit
It has been reported that Fosun is aiming for a listing valued at around $500 million
Great Rail Journeys acquired by private equity firm
Duke Street says it plans to support Great Rail Journeys’ existing management team, led by Peter Liney
Norwegian reaches ‘peak’ in route growth
Low-cost carrier to focus on adding frequencies instead of new routes
Travel Counsellors targets £1 billion sales following private equity investment
CEO Steve Byrne told TTG the deal with Vitruvian would “help us to scale the business”
Norwegian sales head: How we work with the trade
“We are the only truly global airline, and there is no limit to which markets we would look to grow”
Reed & Mackay swoops for Hillgate Travel
The deal takes Reed & Mackay’s global turnover to more than £600m
Norwegian Air shares soar after reports of renewed IAG interest
Spanish newspaper Expansion reported that IAG was preparing to bid €1.52 billion
Tailor Made Travel snaps up Regal Travel
Independent agency purchases long-established South Wales firm
Love Holidays reportedly on brink of £180m acquisition deal
It is believed that Livingbridge will announce the deal this week
Holiday Extras completes MBO
The deal values the company at £100 million
OutOfOffice.com acquires TravelGay parent
Out4You runs the TravelGay websites including TravelGayAsia.com and TravelGayEurope.com