Thomas Cook and Co-Op merger faces OFT review

Plans by Thomas Cook and the Co-Operative Group to merge their high street travel store operations face an investigation by the Office of Fair Trading (OFT).


The European Commission (EC) initially reviewed the proposed merger but as the main impact is expected to only affect the UK market, it has passed the job to the OFT. The merger will create the largest high street travel retail network with an estimated 1, 204 stores.

The joint venture will retain the separate brands and also encompasses Midlands Co-Operative. The initiative should make savings for the firms but job losses are expected.

Thomas Cook will hold 70% of the joint venture and Co-Op Travel 30%.

The OFT has 45 working days from receiving the EC notification to investigate the proposed merger.

The OFT originally requested that it takes over the investigation from the EC and issued an invitation to comment notice to interested parties by 19 November.

It says that it received a number of responses from both package holiday companies and travel agencies and while “the number of direct responses” was relatively small, “nevertheless it has no reason to believe that these may not be representative of wider concerns.” These included competition concerns at a national, regional and local level.

A spokesman for Thomas Cook says: “We will continue to work closely with the OFT to obtain a rapid clearance.”

Thomas Cook’s online operation is not part of the merger plan.

The company has just launched its January bookings campaign featuring Jamie and Louise Redknapp.

Latest from Marketing Week

Marketoonist on PowerPoint pitches

The Marketoonist

Tom Fishburne is founder of Marketoon Studios. Follow his work at or on Twitter @tomfishburne See more of the Marketoonist here Tom Fishburne will be speaking at the Festival of Marketing, which is taking place on 4 and 5 October at Tobacco Dock. To find out more information, including how to book tickets, visit […]


Access Marketing Week’s wealth of insight, analysis and inspiration that will help you develop as a marketer and leader.

Register and receive the best content from the only title 100% dedicated to serving marketers' needs.

We’ll ask you just a few questions about what you do and where you work, so we can make Marketing Week more relevant to you.

Register now


Our award winning editorial team and columnists will ask the biggest questions about the biggest issues on everything from strategy through to execution to help you navigate the fast moving modern marketing landscape.


From the opportunities and challenges of emerging technology to the need for greater effectiveness, from the challenge of measurement to building a marketing team fit for the future, we will be your guide.


Information, inspiration and advice from the marketing world and beyond that will help you develop as a marketer and as a leader.

Dedicated to developing your skills and helping you achieve marketing excellence. Find guidance on leadership, professional development and the latest industry jobs.

Having problems?

Contact us on +44 (0)20 7292 3711 or email

If you are looking for our Jobs site, please click here