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Luxury travel company buys Glasgow TMC
Bushey-based EFR Travel Group has acquired Glasgow travel management company WD Travel for an undisclosed sum.
It is the third acquisition for the luxury travel group in the last four years, following the purchase of London group Cassis Travel in 2014 and Manchester-based CSR Travel last year.
WD Travel, which has seven staff, will be run as a separate entity, retaining its brand.
George Glen, who founded the company with his wife Frances 23 years ago, will stay on as managing director.
He said today: "The Directors and Staff of WDT are excited to be joining the EFR Travel Group, moving on to a new stage in our history.~ We are looking forward to continued development, growth and prosperity as part of this highly regarded travel company."
EFR Travel Group chairman John McEwan told TravelMole the deal gave it a platform to expand in Scotland.
"We will provide more resources to grow the size of the company, which has a diverse customer base across a number of industries including oil and gas, shipping, IT and entertainment," he said.
He said EFR planned to grow organically but was also continuing to look at acquiring ‘complementary businesses that could easily be assimilated’.
McEwan, former ABTA chairman and Advantage chief executive, said EFR was now well represented geographically but would consider further acquisitions in the south east, Scotland and the north of England to complement its existing businesses in these regions.
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Bev
Editor in chief Bev Fearis has been a travel journalist for 25 years. She started her career at Travel Weekly, where she became deputy news editor, before joining Business Traveller as deputy editor and launching the magazine’s website. She has also written travel features, news and expert comment for the Guardian, Observer, Times, Telegraph, Boundless and other consumer titles and was named one of the top 50 UK travel journalists by the Press Gazette.
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