Mergers and acquisitions

'Covid will compound consolidation in the travel sector'

More firms likely to look at banding together as government Covid support is wound down, RSM restructuring partner Damian Webb predicts

Inbound operators join forces to 'emerge stronger' from Covid

Tiernan Travel to merge with Cashel Travel after ’tough two years’

Staysure Group agrees deal to buy Rock Insurance Group

B2B specialist Rock will continue to be run as standalone business following acquisition

Prestige Holidays sold to Embrace Travel Group

Independent tour operator has been acquired in deal for “undisclosed” sum

Le Collectionist takes over Bramble Ski

The vacation home rental company acquired the ski operator in July 2021

Click Travel taken over by TravelPerk

All 150 Click Travel staff members will join the TravelPerk team

Police confirm investigation into Stobart Air sale

’Numerous allegations’ made to police about Aer Lingus Regional franchisee sale

Awaze agrees sale of Landal GreenParks

Vacation rental and holiday resort operator sells holiday parks firm for an undisclosed sum

Hays Travel acquires homeworking firm Explorer Travel

Explorer’s 70 franchisees to join Hays with immediate effect

Serenity Holidays snaps up Travel Day brands and IP

Travel Day, which traded as Simply Global Travel, Holiday USA, Caribbean Classics and The Vegas Wedding Company, failed in March

Tui sells minority stake in Spanish hotel group Riu

Tui will use the proceeds from the €670 million (£575 million) deal to help pay off its Covid debts

Analysis: After a flurry of acquisitions, what now for business travel?

The last few weeks have seen a flurry of acquisitions in the corporate travel sector. Gary Noakes reports on what we can expect next from the sector

TravelSupermarket and Icelolly agree to join forces

Holiday comparison brands will be retained in new combined company

US firm TripActions agrees deal for UK TMC Reed & Mackay

US corporate and business travel platform to extend reach in Europe with acquisition of venerable UK travel management brand

Business travel giant Amex GBT snaps up rival Egencia

Long-term partnership planned between Amex and former Expedia Group corporate travel division

Inverness Travel gears up for post-Covid travel boom

Agency expands across Highlands and Moray by taking over operations at Alba Travel and Beaver Travel in move expected to quadruple business

Air Canada-Transat deal shelved over competition concerns

’It has now become evident that we would not obtain the approval of the European Commission,’ said Transat president and chief executive Jean-Marc Eustache

Lisa McAuley to leave Gold Medal after taking share in reviews site

McAuley will remain as managing director until July, with the delivery of the new Gold Medal website her priority

French investment firm to take stake in Intrepid

Genairgy to support Intrepid ambition to become the world’s first $1 billion adventure travel company

Air Canada's Transat takeover gets govt approval

Deal now awaiting competition sign-off in the summer

G Adventures secures private equity investment

"They truly understand our company and are experts in the travel space"

Kemp Little travel law team join Deloitte Legal

More than 80 lawyers, including 29 partners, to join Deloitte Legal – doubling its headcount

What M&A activity can travel expect in 2021?

RSM M&A and private equity partner, Natalie Ord, dissects the outlook for investment in travel after a tumultuous year

BA parent IAG finalises cut-price Air Europa deal

IAG to pay half the original €1 billion price agreed for Spain’s Latin American specialist carrier