Cox & Kings has sold the camping division of its subsidiary Holidaybreak to Homair Vacances for a total consideration £89.2 million of which £85.5 million is payable in cash on completion and £3.7 million is deferred relating to a tax refund. The Camping Division provides outdoor family holidays on over 170 third-party owned campsites across 12 European countries. Cox & Kings acquired the camping division as part of its acquisition of Holidaybreak in 2011. Homair Vacances is a major operator in relation to outdoor holidays in France.
Cox & Kings is the longest established travel company in the world since 1758. It operates across 4 continents and 25 countries. In India, Cox & Kings has 12 branch sales offices and 150 Franchisee located across the country.
