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Home > Company Index > Leisure > Travel Agencies, Tour Operators & Other Travel Services > Thomas Cook Holdings Ltd.

Thomas Cook Holdings Ltd.
 NEWS FROM THE STANDARD
T-Online Alters Plans for Travel Portal
Jun 06 2001 10:29 AM PDT

Can You Relate?
Oct 30 2000 12:00 AM PST

 PROFILE
Thomas Cook Holdings came to life in the late 20th century, but the British travel company's roots go back to the 1800s. The present firm was formed in 1999 when UK-based travel company Thomas Cook Group (founded in 1841) merged with US-based Carlson Companies' Carlson Leisure Group. Generating more than 80% of Thomas Cook's revenue, its travel services span travel shops, tour operations, and airlines. Thomas Cook's Global & Financial Services was sold to Travelex in late 2000. Thomas Cook's major investors -- Preussag, Westdeutsche Landesbank, and Carlson Companies -- sold the company to German tour operator Thomas Cook AG (formerly C&N Touristic, a joint venture of German firms Karstadt Quelle and Lufthansa) in 2001.

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 2,972.70
1-Yr. Sales Growth: 23.0%
Employees: 18,220
Revenue per employee: $163,155.87

 KEY PEOPLE
• John Donaldson
    CEO
• Richard Timmons
    CFO

 CONTACT INFO
6 Midford Place
London W1A 1EB, United Kingdom
Phone: 44-207-636-5553
Fax: 44--
Online: Web Site

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