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

Courier Business
UK Wide

Long-established courier business, which has an excellent reputation for providing a bespoke and rapid response service to its loyal client base. Established 20 years+. Excellent reputation for speedy, flexible and efficient service, 365 days of the...

Asking Price: Offers Invited
Turnover: £600,000


Manufacturer & Retailer of Textiles
UK Wide

This long established company is a second generation family business specialising in the design, manufacture, installation and retailing of blinds, fabrics and wallpapers. Offers invited.

Asking Price: Offers Invited
Turnover: £500,000


Microsoft Independent Software Vendor Partner
Midlands, UK Wide

Microsoft 365 ISV & Services Partner – Healthcare and Public Sector. An opportunity has arisen to purchase an established Microsoft Independent Software Vendor Partner (ISV) providing Software, ‘SaaS’ and Services for Microsoft 365 Information Manage...

Asking Price: Offers Invited
Turnover: £1,200,000

View more businesses for sale

News Search

Latest News


Aviation claims specialist enters administration | ADMINISTRATION

Didsbury-based aviation claims specialist Flight Reclaim has...


Next completes sale and leaseback of head office and warehouses | COMMERCIAL PROPERTY

High street fashion retailer Next Plc has confirmed the succ...


Benchmark Holdings secures sale of veterinary business | BUSINESS SALE

Sheffield-headquartered aquaculture health, nutrition and ge...

Free guide: 10 Biggest Buyer Mistakes

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


Related News


Utilitywise divisions acquired by energy consultancy | BUSINESS SALE

Energy broker Utilitywise, which entered administration earl...


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

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


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