Coach companies set for £200m merger

Two of the biggest names in the British coach tour business announced plans today to join forces in a deal worth £200m (€288.7m).

Coach companies set for £200m merger
Tue, 01 Feb, 2005 - 09:34

Two of the biggest names in the British coach tour business announced plans today to join forces in a deal worth £200m (€288.7m).

Coach Holiday Group (CHG), which owns Wallace Arnold, and Shearings are to merge to form one of Europe’s largest coach holiday companies, CHG shareholder 3i said.

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CourtsBusinessHeathrowPlace: EuropePerson: John SlatcherOrganisation: Coach Holiday GroupOrganisation: CHGOrganisation: Wallace ArnoldOrganisation: ShearingsOrganisation: 3iOrganisation: British Office of Fair TradingOrganisation: Shearings’
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