Thomson Travel Group plc was a business formed by the Thomson Corporation of Canada, when it was floated on the London Stock Exchange in 1998. It was acquired by Preussag AG, an industrial and transport conglomerate, in 2000. The group continued until 2002 when it was renamed TUI Northern Europe Limited, a full subsidiary of TUI AG.
History
The company was created in 1965 when Thomson Corporation of Canada acquired four tour operators, Skytours, Riviera, Luxitours and Gaytours as well as the airline Britannia Airways, and named the combined business Thomson Travel.[1]
In 1970, the business was re-launched as "Thomson Holidays" under the leadership of Bryan Llewellyn as managing director.[2]
In 1972 Thomson acquired Lunn Poly, a small chain of agents which Thomson grew to become the largest chain of travel agents in the United Kingdom.[3]