Sunspot Tours ‘looking for buyer’
Malta specialist Sunspot Tours has appointed advisors to look for a buyer for part of the company, which could net the founders a multi-million pound payout.
City sources told The Times that the Kent-based firm was working with corporate financiers from Catalyst on ‘strategic options’, which could lead to a sale of a stake in the business founded by chairman Martin Bugeja in 1980.
The most recent accounts show the business, which also trades as Mercury Holidays, made an operating profit of £3.5 million to the end of November 2016.
Have your say Cancel reply
Subscribe/Login to Travel Mole Newsletter
Travel Mole Newsletter is a subscriber only travel trade news publication. If you are receiving this message, simply enter your email address to sign in or register if you are not. In order to display the B2B travel content that meets your business needs, we need to know who are and what are your business needs. ITR is free to our subscribers.
































Phocuswright reveals the world's largest travel markets in volume in 2025
Higher departure tax and visa cost, e-arrival card: Japan unleashes the fiscal weapon against tourists
Cyclone in Sri Lanka had limited effect on tourism in contrary to media reports
Singapore to forbid entry to undesirable travelers with new no-boarding directive
Euromonitor International unveils world’s top 100 city destinations for 2025