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Cullinan Holdings Ltd is listed on the Johannesburg Securities exchange and is the foremost Travel and Leisure company in Southern Africa.
Although originally established in 1901, Cullinan entered into the Travel Industry in 1998 with the acquisition of the Thompsons Group of Companies, including Thompsons Holidays (Previously Thompsons Tours), Thompsons Africa, Thompsons Travel and Thompsons Touring & Safaris.
This was followed by the acquisition of the Pentravel chain of Travel Agencies and Thompsons Gateway (Pte) Ltd in 1999 and Manex Marine in 2001.
In 2002, the Company disposed of non – core businesses being Cadac and Karrimor and the majority shareholding changed, with the acquisition of 64% of the shares in Cullinan by Travcorp Financial Services Limited. Travcorp Financial Services Limited are part of the Travel Corporation, one of the largest Travel Companies in the world, owning such household names as Contiki, Insight Vacations and Trafalgar Tours.
In 2006, Cullinan acquired 100% of the shares in Hylton Ross Tours (Pty) Ltd, being the dominant Coach Operator in the Western Cape, and in 2008 acquired Central Boating to complement the business of Manex Marine.
Cullinan’s strategy is to increase market share through organic growth of what are market leading companies in Southern Africa, and where appropriate, look for acquisitions that will compliment or grow the existing Company.
Although originally established in 1901, Cullinan entered into the Travel Industry in 1998 with the acquisition of the Thompsons Group of Companies, including Thompsons Holidays (Previously Thompsons Tours), Thompsons Africa, Thompsons Travel and Thompsons Touring & Safaris.
This was followed by the acquisition of the Pentravel chain of Travel Agencies and Thompsons Gateway (Pte) Ltd in 1999 and Manex Marine in 2001.
In 2002, the Company disposed of non – core businesses being Cadac and Karrimor and the majority shareholding changed, with the acquisition of 64% of the shares in Cullinan by Travcorp Financial Services Limited. Travcorp Financial Services Limited are part of the Travel Corporation, one of the largest Travel Companies in the world, owning such household names as Contiki, Insight Vacations and Trafalgar Tours.
In 2006, Cullinan acquired 100% of the shares in Hylton Ross Tours (Pty) Ltd, being the dominant Coach Operator in the Western Cape, and in 2008 acquired Central Boating to complement the business of Manex Marine.
Cullinan’s strategy is to increase market share through organic growth of what are market leading companies in Southern Africa, and where appropriate, look for acquisitions that will compliment or grow the existing Company.