Business
Hemas Travels now operates as Acorn Travels
Through the management buyout, Hemas Travels now operates as Acorn Travels under the same legal entity focusing on the Outbound Travel sector.
In one of the most significant management buy-outs in recent history, 80% of the outbound travel, destination management and aviation services (excluding Emirates GSA) portfolio of Hemas Holdings PLC was bought over by the Acorn Group in March this year. The pioneering outbound travel company, Hemas Travels will now operate under the Acorn banner as Acorn Travels.
Speaking on the significant change within the organization, Chief Executive Officer of Acorn Group, Malinga Arsakularatne noted, “The Acorn Group is made up of travel and aviation professionals who are driven to take the industry to the next level. Through the management buyout, Hemas Travels will now operate as Acorn Travels under the same legal entity focusing on the Outbound Travel sector which is a key vertical in our portfolio of businesses”.
“Hemas Travels holds 40+ years of travel experience with the distinction of being a pioneer in the industry. We have been trusted by generations of business and leisure travelers alike to provide the gamut of travel related services with excellence, and we want to provide our customers the assurance of superior quality, service excellence and delivery by Acorn Travels”, added Hussain Habeeb, the Managing Director for Acorn Travels.