The rapidly growing Sunderland travel agent, Hays Travel, has bought a 40 per cent stake in Just Go Travel Ltd in a bid to expand its presence in the North West.
This will now lead to the rebranding of 14 branches of Just Go Travel, which was previously a Thomson and First Choice franchise, to Hays Travel.
Our Corporate Team advised Hays Travel on the deal and was led by Partner Philip Clare. Our team has a longstanding relationship with Hays Travel and has advised on a number of acquisitions in the past, including that of Bournemouth-based Bath Travel last year.
The deal with Just Go Travel reinforces Hays Travel’s position as the UK’s largest independent travel agent.
John Hays, managing director of Hays Travel said: “This is a good deal for both businesses. We have worked with Just Go before, which really helped the process. We enjoy working with the team at Muckle who continue to help us with the expansion of our business.”
Philip Clare said: “It was great to work with John and his team on this deal. Hays Travel continues to grow and it’s good to see a local business doing that.”
For more information, help or advice please contact Philip Clare on 0191 211 7971.