News

Holiday Autos is to put into action its plans to bring a new range of leisure products to the trade, following the ratification of its £39.7million sale to Lastminute.com.

Shareholders of Lastminute.com approved the deal last week, clearing the way for Holiday Autos to introduce Lastminute.com products to agents as fully-commissionable goods.

Holiday Autos chairman Clive Jacobs, who will make around £20 million from the deal, has stressed there will be no job losses as a result of the takeover.