Lucketts acquires Mortons Travel
Lucketts Group has acquired north Hampshire-based Mortons Travel.
This is the company’s second acquisition in four months, having previously added Solent Coaches to its growing portfolio. This latest move brings Lucketts’ total number of vehicles to around 175 and widens its reach in the north of the county and beyond into Berkshire. As part of the deal, all 60 staff of Mortons Travel will be retained by the company and plans are to grow the acquired family business. Mortons Travel will retain its name, coaches and client portfolio. Should, however, it need to call on extra resources it now has the operational backing of Lucketts Group, which incorporates Lucketts Travel, Coliseum Coaches, Solent Coaches and Worthing Coaches.
The former shareholders of Mortons Travel, Adrian and Joanne Morton, say they wanted to pass the company on to a fellow family business and now look forward to spending more time with their young children.
Lucketts MD, Tony Lawman, said: “There were a lot of synergies between Lucketts and Mortons, not least the fact that it’s a family owned company with our same core values of safety, reliability, quality and attention to detail.”
Adrian Morton said: “Having grown the company over a period of 14 years it felt like the right time to pass the business on to someone who could develop it long into the future. Lucketts has an enviable reputation in the business and we felt our loyal customers and staff would be in safe hands.”