Acromas Holdings, the group that owns Saga, acquired Titan Travel on Tuesday (October 6) for an undisclosed sum.
Titan Travel will retain its brand identity and continue to trade from its current base in Redhill, Surrey. The sale will not affect existing staff.
Acromas chief executive Andrew Goodsell said: “I am delighted that we have been able to acquire Titan Travel.
“Titan is a good fit with our existing travel brands – Saga Holidays, Saga Cruises, Spirit of Adventure and AA Travel.
“Acromas provides a secure umbrella under which Titan can grow and flourish as an independent company.”
News that Titan Travel was for up sale was first released in the summer when a number of different companies expressed interest in an acquisition.