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Holiday Autos sale approved

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. 

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Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.