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Egyptian firm reported to have acquired Mosaic Holidays

Egyptian travel company Sakkara Group International (SGI) is reported to have acquired specialist operator Mosaic Holidays.

SGI owns an number of international brands including STI Travel in the UK. Sabina Shaida, managing director of Mosaic Holidays, will work closely with Mohamed Abdel Hadi, who heads STI UK, with Shaida relocating to the STI UK headquarters.

“SGI’s expansion in the UK will enable our family of brands to provide more in-depth destination expertise and hands-on in-country support throughout the region,” Baher Ghabbour, chairman of SGI, was reported by Travel Weekly in the US as saying.

SGI owns and operates hotels, Nile cruise boats and tour operators.

Abta and Aito member Mosaic provides luxury and tailor-made holidays to Africa, the Mediterranean, Middle East and Indian Ocean.

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