ANEX Tour becomes one of 4 top shareholders in Thomas Cook
Neset Kockar, a businessman from Kars, engaged in tourism in the former Soviet Bloc countries, especially Russia, has become a partner in one of the largest tour operators in the world. Kockar, established in Kars in 1973, grew rapidly with its 23-year-old company Anex Tour, acquiring 6.7 percent of the world-famous Thomas Cook, Kerim Ulker of daily DUNYA reported. Thomas Cook, Europe’s second largest tourism company, has been experiencing significant problems for a long time. With the acquisition, Kockar became one of the most important partners of the company.
“Thomas Cook is a well-established and a highly respected competitor and their space in the tourism industry is unique,” Kockar said in a statement. “We believe Thomas Cook has more value and potential than what has been discussed recently, particularly with the skillset and complementary capabilities ANEX Tour shall put forward. As such, we are keen to explore further the potential strategic initiatives related to Thomas Cook and engage with the relevant stakeholders. Going forward, we shall make further announcements, as appropriate and necessary.” Founded in 1841, Thomas Cook has a turnover of over £9.5 billion. Invesco is the most important shareholder of Thomas Cook, with 105 aircraft in its fleet, more than 2,900 offices and 33 thousand employees. Standard Life Investments Ltd has a 10 percent stake and Chinese Guo Guangchang a 7 percent stake. Koçkar became one of the top 4 shareholders with 6.7 percent.
ANEX Tour has been a driving force in the tourism industry since its establishment in 1996, offering an end-to-end travel experience combining transportation, accommodation, and various destination services including excursion and other holiday products for its customers. Due to its innovative vision and sense of quality, ANEX Tour is also one of the captains of the industry on the international stage with operations in 48 countries and offices in 18 countries. It has served over four million guests annually for the past 24 years, with a headcount of over 6,500.