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Mergers and acquisitions

Simpson Travel secures additional funding to grow Med programme
The funding will be used to ’expand capacity’ across Simpson’s existing Mediterranean programme
Classic Collection confirms timeline for B2B restructure and reiterates trade commitment
According to recently-promoted B2B director Si Morris-Green, Classic Collection’s consolidation will help ’leverage opportunities to the benefit of our agent partners, mutual customers and suppliers’
Expect M&A activity to take twice as long as anticipated, travel told
Barclays Travel Forum have been warned completing a successful sale could take significantly longer than anticipated
Trade-friendly coach firm targets UK expansion after acquiring rival
Caledonian Leisure has bought rival Tartan Travel from hotel and tour operator Blackpool Promotions
Miles Morgan sells up to Hays Travel after nearly 20 years
Hays Travel said it had no plans to rebrand any of Miles Morgan Travel’s 19 branches across the South West and South Wales
Hyatt adds hundreds of hotels to loyalty programme following Mr & Mrs Smith buyout
Members of World of Hyatt can now redeem points on 700 additional hotels that are part of Mr & Mrs Smith
Dublin agency The Travel Broker acquired by Frosch Ireland
Leisure agency was founded in 1994 by current ITAA chief executive Clare Dunne
£150m ‘agency to the stars’ snapped up by private equity firm
With the backing of ECI Partners, TAG – which books trips for stars like Jay-Z and Rihanna – said it was poised for further expansion
American Cruise Lines buys four river vessels from failed rival
The American Queen, American Duchess, American Countess and American Empress vessels will change hands as part of the deal
South African Airways ‘here to stay’, troubled carrier's boss insists
South African Airways will continue to fly despite the collapse of a privatisation deal, its chief executive has said
Amex Global Business Travel to acquire rival CWT for $570 million
The transaction will be funded by a combination of stock and cash and is expected to close during the second half of this year
Deal agreed to potentially reopen Doncaster Sheffield airport
Doncaster Sheffield airport owners Peel Group agrees to lease the airport to local authority, which pledges to reopen it
Is 2024 the year to sell your business?
After the unprecedented Covid upheaval gave rise to a stellar 2023, has there ever been a better time to sell up disappear off into the sunset? Gary Noakes assesses the M&A landscape in travel
InteleTravel to acquire UK tour operator 'within the next two weeks'
’What we are about to announce means we will take hold of our destiny in a way that we haven’t before,’ InteleTravel co-founder and president James Ferrara told an event in London on Wednesday (13 March)
Southend airport resolves ownership battle in deal with backers
Southend airport’s owner Esken says it has avoided a court battle it cannot afford after sealing a deal with backers that will see its stake dip to a minority holding
JetBlue admits defeat in quest to merge with Spirit Airlines
JetBlue has formally withdrawn its application to merge with rival budget carrier Spirit Airlines after a judge ruled plans were anti-competitive
‘Significant stake’ in AmaWaterways sold to US private equity firm
The river line’s founders will retain ‘meaningful ownership’ of the company despite the investment by L Catterton
Southend airport owners in battle for control with investors
Corporate battle begins between owners and investors of Southend airport that could see control change hands
Inghams and Explore parent Hotelplan UK put up for sale
Hotelplan Group’s Swiss owner, Migros, has put it up for sale to concentrate on its main supermarket business
JetBlue and Spirit Airlines mull next move after merger plans blocked
JetBlue and Spirit Airlines have said they may appeal after a Boston judge blocked their plans to merge
Thomas Cook poised for sale to Polish travel agency – reports
If the deal goes ahead, Thomas Cook would change ownership for the second time since its collapse in 2019
The villa holidays revolution: what it means for agents
In the space of a few weeks, the villas industry saw the closure of one operator followed by a major acquisition and, from a smaller player, a switch to a trade focus
Hays Travel acquires Holiday with Us
Hays acquisition marks the first of 2024 following on from Just Go Travel and Travel House last year.
Kempinski doubles Dubai portfolio with Address rebrands
Kempinski has revamped two former Address hotels in Dubai and reopened them under its luxury brand