Mercian Travel Centre buyout completed
Hagley-based travel agent Mercian Travel Centre has been bought by Good Travel Management, headquartered in Hull. The new management said the deal would “open new markets for Good Travel Management in the Midlands and the South of England”.
The deal, for an undisclosed sum, will lead to the Yorkshire company becoming the sole shareholder in the business after founder and former owner John Downing retired.
It is the first time the travel company has expanded beyond its Humber roots in more than 120 years of trading.
The West Midlands agency specialises in high-end leisure travel, tour operations, corporate travel and trade missions, with a particular expertise in Libya and the Middle East.
Kevin Harrison, general manager at Good Travel Management, said: “We are very pleased with this acquisition because Mercian Travel Centre is an extremely good business – it is a credit to John and his wife, Mary, who have run it very well for more than four decades.
“The firm has experience in a host of travel sectors similar to our own, so it is a good fit with our business. Its record in delivering trade missions was of particular interest because we have been increasingly specialising in this area and the acquisition strengthens our offer.”
The business will continue to trade as Mercian Travel and all staff will be retained.
