JG Travel Group (JGTG), the group tour specialist that provides coach holidays in association with the National Trust, has acquired Omega Holidays Group (OHG) to create a new player in the travel sector with a turnover of more than £35 million.
The acquisition by Cheltenham-based JGTG, formerly Just Go! Holidays, puts Omega Holidays and Cruise Connections in the same portfolio as Just Go! Holidays and Albion Journeys.
These brands focus on older travellers aged between 60 and 80, and will now be able to provide customers with significantly more choice and greater value for money across a wider geographic area.
The move signals a period of significant growth for JGTG through the acquisition of synergistic brands offering complementary products, backed by Kings Park Capital, a private equity firm specialising in investments in the leisure sector.
Luis Arteaga, Group Chairman and Chief Executive of JGTG, says: “The combination of these two significant businesses will offer customers a wide range of unique, experiential holidays at value prices and marks the initial step in the development and growth of the ambitious JG Travel Group.”
