Fox Williams has advised Hotelplan (U.K.) Group Limited (part of the Migros group of companies) on the acquisition of the entire issued share capital of Explore Worldwide Limited from Holidaybreak Limited, a subsidiary of Cox & Kings.
The Explore group is an iconic UK travel brand and a pioneer in the small-group adventure travel market. Explore was founded in 1981 and provides 500 exciting small group tours across the globe. It is well known for its trekking, cycling, family and general discovery adventures. It also owns the Regal Dive brand, a specialist provider of diving holidays.
The acquisition adds to Hotelplan’s existing portfolio of activity and experience holiday companies which include Inghams, Esprit, Ski Total and Inntravel.
Corporate Partner, Peter Faber led the Fox Williams’ team assisted by senior corporate associate Mary Elliott and corporate trainee Georgina Fraser. Tax advice was provided by Emma Bailey (partner) and Shofiq Miah (senior associate), real estate advice was provided by Phillip Hope (partner) and James Young (associate), employment advice was provided by Jo Chatterton (partner) and Paula Volkmer (senior associate), IP advice was provided by Simon Bennett (partner) and Duncan Jones (associate) and data protection advice was provided by Nigel Miller (partner).
Holidaybreak were advised by Eversheds LLP.