Gray Dawes Group has today confirmed the acquisition of INC. Travel Group’s Corporate and Marine businesses and the purchase of VIP Leisure Travel Ltd.
These are the company’s seventh and eighth acquisitions in four years, following November’s announcement of the purchase of Giles Travel, and establishes a Gray Dawes presence in Manchester alongside their offices in London, Amersham, Cambridge, Colchester and Leamington Spa.
“Synergies between our corporate cultures”
Suzanne Horner, CEO of Gray Dawes Group, said: “It has long been an ambition of mine to re-establish a Gray Dawes presence in the North West and the opportunity to acquire the INC. Travel corporate and marine business was just too good to miss.
“Bill and the whole team at INC. Travel Group have done a superb job at establishing a reputation for excellence and building their business over a relatively short period of time. As with all the acquisitions we have chosen to make, there are huge synergies between our corporate cultures and passion for service. I’m truly excited to be working with the team at our new Manchester office.
“Infectious drive and ambition”
Outgoing CEO at INC. Travel, Bill Tannahill, who will retain the Fairway International sports business that was previously part of INC. Travel stated: “I am in no doubt that this acquisition is in the very best interests of INC. Travel’s staff and corporate and marine clients alike. INC. Travel has been on an exciting journey these past few years and bringing in the infectious drive and ambition of Suzanne and the whole team at Gray Dawes will further enhance the range of services available to our loyal clients”.
At the same time as confirming the INC. Travel deal Gray Dawes has also announced it has concluded a deal to purchase VIP Leisure Travel Ltd, a specialist provider to the corporate incentive travel and VIP holiday markets.
Commenting on the acquisition, Suzanne Horner said “The VIP Leisure business complements well with Gray Dawes’ own corporate events and leisure offering and Peter and his team are bringing some unique knowledge and skills to our existing business”.
Peter Squires, MD of VIP Leisure Travel, who has joined the Gray Dawes Group, commented: “My colleagues and I are delighted to have joined Gray Dawes and I’m looking forward to sharing expertise and best practice to really drive forward the incentive travel and luxury holiday offering in 2019 and well beyond”.