Leger Shearings Group’s CEO Liam Race, Chief Financial Officer Andrew Oldfield and Chief Product Officer Chris Plummer have become majority shareholders in the company.

The trio originally acquired a 30 per cent stake in a management buyout of Leger Holidays in 2019. Ian Henry, who led the company for over 30 years, and Kathleen Henry, previously majority shareholders, now become minority, with Ian appointed non-executive chairman.

CEO Liam Race said: “This is a very exciting time for Leger Shearings Group, which is now the UK’s largest escorted coach tours operator.  We made a bold move acquiring the iconic Shearings brand and its assets in lockdown 2020 after its parent company went into administration, but it has certainly paid off. The business has delivered consistent profit growth since the pandemic and we are expecting to exceed last year’s record profit year with another record-breaking profit year for 2024.”