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Investment in Queensland based agencies

August 14, 2017 Business News No Comments Email Email

Helloworld Travel Limited (ASX: HLO) is pleased to today announce that it has agreed to purchase a minority shareholding in Queensland based company Cooney Investments Pty Ltd, operators of branded network member agencies Helloworld Travel Mackay and Helloworld Travel Mount Pleasant and also the very successful and industry recognized Hosted Journeys Group Travel and Events products.

Owned and operated by Managing Director John Cooney, the two multi award winning Queensland based agencies have a highly successful track record and history with the Helloworld Travel group, having been members of the branded network for 31 years.

“John Cooney and his teams in Mackay and Mount Pleasant have been among our most successful franchise operators with over thirty years of history with the company” said Helloworld Travel Limited CEO and Managing Director Andrew Burnes.

John Cooney echoed the sentiments saying “We have been with Helloworld Travel in its current and previous guises and to take this next step is a demonstration of our strong partnership and commitment. I have no doubt it will bring with it great results for all of us.”

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