Thomas Cook India to acquire brand rights for India, Sri Lanka, Mauritius

Travel services firm Thomas Cook (India) on Tuesday said it has entered into a pact with Thomas Cook UK’s appointed special managers to acquire the rights of the iconic brand for India, Sri Lanka and Mauritius markets.

Thomas Cook (India) Ltd (TCIL) has signed an agreement with AlixPartners, Thomas Cook UK’s appointed Special Managers for the complete ownership of the brand name across these markets, for a one-time payment of Rs 13.9 crore, the company said in a regulatory filing.

“I am delighted that we have been able to sign an agreement to acquire the rights to the iconic Thomas Cook brand across India, Mauritius & Sri Lanka. The brand is one of the most respected names in the travel services space and one that we at Thomas Cook India have operated uninterrupted for 138 years since 1881,”