The former managing director of Success Tours has completed a management buyout of the Albatross Group of Companies, which includes the Wiltshire-based group tour operator Success Tours.
Steve Hornby has teamed up with Albatross Group’s chief financial officer Adam Handy, in order to complete the buyout.
Sean Taggart, former Group CEO, is leaving the business to pursue a range of other interests. Although he will no longer have any operational involvement in the business, he will continue to offer his support to the business as a non-executive director.
Steve commented: “It has been an incredible journey since I first joined Albatross back in 1999 including my time at the helm of Success Tours before returning to Albatross in 2012. It is a testament to the strength and diversity of the Group that our bankers, Lloyds Bank, were so keen to assist us with this deal and I just can’t wait to begin the next chapter.”
Steve continues to live with his family in Wiltshire, close to the Success Tours offices in Trowbridge, spending two to three days a week at the Group’s head office in Kent.
Success Tours general manager, Tony Flanagan, commented: “Since joining Success back in 2006 I’ve been lucky enough to work closely with both Steve and Adam and they have both reiterated their commitment to maintaining Success Tours as the leading group tour operator in the UK and a place where the team can create wonderful holidays and short breaks that will exceed our client's travel dreams.”
Success Tours will be exhibiting at this year’s Group Leisure and Travel Show on 12th October 2017 which takes place in Hall 18 of the NEC Birmingham.
You can register to visit the GLTS by visiting www.grouptravelshow.com/register
More about Albatross
The Albatross Group of Companies is a collection of group tourism businesses (including Success Tours), operating around 6,000 groups every year throughout the UK and continental Europe.
The company has offices in Kent, London and Wiltshire in the UK and in Brisbane, Australia, plus Albatross staff based in the north of England, the Republic of Ireland and Germany.
For further information visit www.albatrossgroup.com.