Thomas Cook India Pays £1.5 Million for Brand

Thomas Cook (India) has bought the rights to continue using the brand name

Thomas Cook (India) has bought the rights to continue using the brand name from the administrators of the failed UK business for £1.5 million.

The deal means it can continue to sell holidays using the Thomas Cook brand in India, Sri Lanka and Mauritius.

Chinese firm Fosun, one of Thomas Cook’s biggest shareholders, owns the rights to the name in the rest of the world.

Prior to the collapse of Thomas Cook, TCI had a licensing agreement to use the name only until 2024.

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