Visit Atlantic City

Published on Friday, May 14, 2021

TravelSupermarket, plan joint venture

TravelSupermarket and are planning a joint venture to combine the two travel comparison businesses.

Both brands would continue under the proposed JV under a new business named Ice Travel Group.

It would be led by CEO Richard Singer although TravelSupermarket parent MoneySupermarket would have a 62% shareholding. owners Palatine Private Equity would hold the remaining shareholding.

The deal is subject to approval from the Competition and Markets Authority.

"The combination of TravelSupermarket and will benefit customers of both brands with a richer and more diversified offer as the travel and holiday markets recover," said MoneySupermarket CEO Peter Duffy.

Richard Singer said: "We will continue to partner with some of the biggest and best travel companies in the UK and roll out more exciting and innovative services."

TravelSupermarket was founded in 2004 and Leeds based came along a year later.

Story Image

Your Comments

, be the first to post a comment.
Your email:

Email other comments made to this story

NOTE: Comments are subject to admin approval before being posted.
Mole Poll
Do you like the job the government is doing with the Traffic Light System ?


North Americas largest shopping and entertainement complex MOA talks to TravelMole

A new exhibition for grown ups who like adventure? Yes and this year!

Pure Michigan are emerging from the pandemic and travel around the state is now possible and safe!

London Hotel Week - Why, What, and When?

The New Ambassador Cruise Line Chairman, Gordon Wilson, talks to TravelMole