Shield sells WWT to Travel Angels

 1st May 2007

Travel Angels spread their wings with acquisition of luxury travel company WWT, in a deal handled by Shield Corporate Finance

WWT specialises in tailor made and luxury holidays, including experiences as diverse as Christmas with Penguins in Antarctica, and Wolves and Bustards watching in rural Spain.

Travel Angels spread their wings with acquisition of WWT, in a deal handled by Shield"Thanks to Shield's commitment and determination, the deal was concluded in only eight weeks on very satisfactory terms", said founder Nigel Pothecary, who started the successful independent travel specialist in 1979.

The parties were brought together by M&A firm Shield Corporate Finance, who have
 considerable experience in the travel and leisure sector.

David Young, Shield's Chief Executive, said, "This is a gratifying outcome for all concerned; Travel Angels will bring a new lease of life to WWT, allowing its founder to sail into the sunset."

Shield recently found investors, a group of travel industry veterans, for Hampshire-based active travel specialist, Country Lanes, who are now rolling out the concept nationally.
Read about the Country Lanes deal

Shield Corporate Finance sells WWT to Travel Angels

 

Article courtesy of the Daily Echo, Bournemouth
Image courtesy of Windows on the Wild

 


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