Wolverhampton travel agency acquired by ambitious Yorkshire firm
WOLVERHAMPTON travel agency Roy Cox Travel has been snapped up by a Yorkshire-based firm in an undisclosed deal.
Spear Travels has acquired the Tettenhall firm as its pushes ahead with its growth plans.
The deal for the business, established in 1980, will take Spear Travels’ anticipated 2014 turnover to around £15m for the first time.
Founded in 1983, Spear Travels now employs a total of 45 people at nine branches around the UK, plus a network of 15 self-employed home workers.
Other offices are currently based in Stoke and Upminster, as well as another in Wolverhampton and five more branches across Yorkshire.
The company is also in the process of rolling out a new national brand – part of significant £80,000 internal investment programme which also includes a new website, email servers, IT upgrades and a new version of the Spear Travels back-office system.
“We’re convinced our expansion is being driven by people who still want high-quality, personal service from travel experts who know the resorts and destinations, often from first-hand experience,” said Spear Travels managing director Peter Cookson.
“We’re delighted to have an additional presence in the Wolverhampton area and look forward to offering the same high standards of service we aim to provide to Spear Travels customers across the rest of the UK.”
