THL pays $10.7m for UK motorhome fleet

THL pays $10.7m for UK motorhome fleet
THL has snapped up the remaining 51% of Just Go motorhomes. (Image: Just Go)
Staff reporters
Tourism Holdings (THL) has shored up its European presence with a €5.4 million ($10.7m) cash and shares purchase of its outstanding 51% stake in UK-based Just Go motorhomes.THL, the world's largest operator of recreational vehicles, bought a 49% stake in the London and Edinburgh-based company in 2015, more than doubling its UK fleet to what is now about 250 motorhomes. Just Go was founded in 2003 by NZ-born Nick and Sarah Roach, who will stay on as part of the transaction.THL will pay £1.35m in cash and just over £4m w...