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Announced

Duke Street-backed Great Rail Journeys acquired Vacations By Rail.

Synopsis

Duke Street-backed Great Rail Journeys acquired Vacations By Rail, the largest independent US based provider of escorted and independent rail holidays. The value of the transaction was not disclosed. Peter Liney, CEO of Great Rail Journeys, said: “We have enjoyed for some time a very good working relationship with Todd, Cole and the team at Vacations By Rail. We know they are first class operators and have built an enviable position in North America as the leading independent and escorted provider of holidays by rail. I am delighted to welcome them to Great Rail Journeys and I look forward to working closely with them and their senior team. The combination of our two companies, supported by the corresponding skills and expertise of our two organisations, will greatly increase the choice and enhance the global travel experience for all our customers.”

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