dnata Acquires UK-based Travel Company, Gold Medal Travel Group
Tuesday, 11 February 2014
Based in Preston, UK, Gold Medal Travel Group handles more than 275,000 travel bookings a year with a tour operation in Dubai.
DUBAI – dnata announced today it has acquired a UK travel businesses and distributor of scheduled long-haul products, Gold Medal Travel Group from Thomas Cook Group plc. The online travel agency netflights.com, a Gold Medal the high-end travel brand is part of the acquisition.

Iain Andrew, divisional senior vice president of dnata’s travel business, said: "dnata’s growth strategy aligns well with Gold Medal Travel Group — its comprehensive travel services complement dnata’s established international travel offering, and will further enhance the proposition we offer our customers be it to trade, corporates or individuals.

“Gold Medal Travel Group is a successful company, with strong products supported by an excellent management team, and a compelling business strategy.  

“Netflights.com and Pure Luxury further position dnata as an international leader in travel services, able to offer customers superior travel options,” added Andrew “Having the combined strength of guaranteed distribution through our independent agents, OTAs, wholesalers, and Thomas Cook UK allows us to source the very best product and offers from our close industry partners.”

Steve Barrass, managing director, Gold Medal Travel Group, added: “This is a significant strategic partnership between two global brands, and will accelerate the growth trajectories of both Gold Medal Travel Group and dnata.

"Post this transaction, Gold Medal Travel Group will continue as the exclusive provider of scheduled air travel and car rental products to Thomas Cook UK and we look forward to combining forces with dnata to expand our offerings to our customers.”

The acquisition is effective from 11 February 2014, with no interruption to the services offered by Gold Medal Travel Group. The business will continue under the Gold Medal Travel Group branding.