Yorkshire’s Killgerm Group has sold its entire shareholding in Ilkley-based TravelWise Group to French company Travel Planet.
As part of their international expansion Travel Planet have decided to enter the UK market, and to support this expansion TravelWise Group has been identified as the ideal fit.
The new UK headquarters for Travel Planet is based in Wakefield, which is where the Business Travel operations will be centred.
The Leisure Travel operations will continue to be based in Ilkley.
Rupert Broome, Group Managing Director of Killgerm Group, said: “This decision to sell TravelWise Group has been a very tough one to make, not least because TravelWise Group has been a part of Killgerm Group since 1993.
“That said, it is clear that ownership by Travel Planet will bring significant opportunities both for staff and for sales which is beyond the capabilities of continued ownership by Killgerm Group. As such it would be unfair on staff and the business not to take this opportunity.”
He added: “This strategic realignment of the activities of Killgerm Group will now allow us to refocus 100% of our future efforts on our manufacturing and supply activities within the pest control sector across the globe through our Killgerm and PestWest businesses.
“We have a number of expansion opportunities which we are already exploring.”