Thomas Cook has put Neilson holidays business up for sale

Sat, 29 Jun 2013 | DIVISION SALE

Thomas Cook has put ski and sailing holiday firm Neilson on the market for an undisclosed amount.

The Sunday Times informed its readers in February that Thomas Cook’s chief executive, Harriet Green, planned to see about selling Neilson as part of a programme of disposals with the aim of raising funds to strengthen its balance sheet.

The value of Neilson is not clear but analysts say Thomas Cook could bring in up to £150 million from its disposals. Other businesses that face being sold off include Gold Medal Travel.

It is expected that several buyers, to include private equity firms and discount airline operator Monarch, will jostle against each other to win the business in an auction.

Established for about 37 years, Neilson began life as two separate companies, with one offering upmarket ski breaks and the other running sailing holidays in Greece. In 1999 its owner Thomas Cook brought the two entities together to create Neilson.

Based in Brighton Marina, the business offers ski and snowboarding holidays in locations including Canada, France, Italy and Austria. Its windsurfing, sailing and fitness breaks are based in Turkey amongst other places. It also offers walking holidays in the mountains and by lakes.

_________________________________________________________________________
Related information:
Possible division sale for Thomas Cook
Latest businesses for sale


Share this article



Latest Businesses for Sale

Precision Cutting Tools Provider
North East, UK

Operates across a diverse range of sectors, with no reliance on any key client accounts. Skilled workforce with extensive expertise within the sector. Operates from leasehold premises in North East England. Offers invited

Asking Price: Offers Invited
Turnover: £685,000

LEASEHOLD


Electrical Appliance Retailer & Wholesale
Stalybridge, Manchester, UK Wide

The business for sale is a family owned, electrical appliance retailer and wholesaler based in Stalybridge, Greater Manchester. This business sells a wide range of freestanding and integrated kitchen and home appliances from washers, dryers, sinks, k...

Asking Price: £260,000
Turnover: £938,603

LEASEHOLD


Furniture Manufacturing Company
Surrey, South East, UK

Now available to the market is this brilliant furniture manufacturing company in the south of England. Trading since 1996, this family run business has been supplying high quality wardrobes complete with sliding or hinged doors, with the ability to m...

Asking Price: £599,995
Turnover: £935,135

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
06
 
Dec
 

KPMG agrees to sell pensions arm | DIVISION SALE

Professional services network KPMG has announced that it has...

 
05
 
Dec
 

What a Labour government would mean for UK entrepreneurs | BUSINESS NEWS

Private business mergers and acquisitions expert Sue Green o...

 
05
 
Dec
 

MBO at Bolton-based delivery comparison firm | MBO/MBI

Bolton-based parcel delivery price comparison company Parcel...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Related News

 
09
 
Apr
 

Utilitywise divisions acquired by energy consultancy | BUSINESS SALE

Energy broker Utilitywise, which entered administration earl...

 
02
 
Dec
 

Care home group in administration rescued by debt investment firm | ADMINISTRATION

A 25-property care home group has been purchased out of admi...

 
17
 
Feb
 

Thomas Cook considering sale of Neilson ski business | DIVISION SALE

Travel company Thomas Cook is considering the sale of its Ne...

Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources