Shearings was Europe's largest coach tour operator, specialising in holidays including escorted tours, short breaks, river cruises and ocean cruises.
Setra S416GT in August 2011
|Parent||Lone Star Funds|
|Service type||Coach holidays, escorted tours etc|
|Fleet||240 (April 2016)|
|Chief executive||Richard Calvert|
Shearings comprises Shearings Holidays, Bay Hotels, Coast & Country Hotels, value brand National Holidays, Scottish tour operator Caledonian Holidays and Wallace Arnold Travel.
Shearings’ Hotels division is based at its Registered office, in Tarbet, Loch Lomond, Scotland, G83 7DE. As at October 2013, Shearings owns 49 properties across England, Scotland and Wales operated under the Bay Hotels and Coast & Country brands.
Bay Hotels are focused around the communal holiday experience, often with cabaret entertainment. Coast & Country have all been upgraded to at least three-star standard, and offer a more relaxed atmosphere, often with additional facilities such as swimming pools, saunas, fitness rooms and jacuzzis. Shearings also work with a wide variety of hoteliers across the UK and Europe, from small family-run hotels to large chains. The company has a particularly close relationship with the Hotel Britannia Excelsior in Lake Como, with whom Shearings has worked for many years. Shearings offers all-inclusive holidays into this hotel all year round.
Over the past few years, Shearings has grown its river cruise programme. As of 2013, the company exclusively charters five river cruise vessels: the MPS Rotterdam, the MPS Da Vinci, the MV Virginia, the MV Esmeralda and the MS Serenade II. Shearings also sells onto other operators' river cruises.
Shearings, which was founded in 1919, merged with Smiths Happiways in 1984, which can trace its history back to 1903.
- Smiths Happiways
In 1903 William Webster commenced trading as a haulage and removals contractor and passenger carrier, offering coach transport, and by 1931, Webster Bros (Wigan) offered excursions and tours to North Wales and Manchester.
In 1914, James Smith began operating coach tours from Wigan and Southport. The first tour was to John O’Groats. Webster Bros purchased James Smith's coach business in 1931, and a new company, James Smith & Co (Wigan) Limited, was formed. By 1935, Webster Bros (Wigan) marketed 'Webster’s Tours', operated by James Smith & Co.
The first tours to Continental Europe were offered in 1938, continuing up until the outbreak of World War II. Smiths claimed to be the first company to operate coach tours to Europe after the war, with a sell-out 14-day tour to Switzerland in May 1946. In 1947, the company carried 6,000 passengers, of which more than 10% travelled to mainland Europe.
Blundell began his coach operation with just one coach in 1950, later purchasing Blundells Coaches (Southport) Limited in 1952, Enterprise Coaches in 1955, Poole's Coaches in 1958 and Tootle's Tours in 1960. This portfolio of companies formed Blundell Holiday Group.
Blundell purchased Spencer's Tours and Happiway Tours from Edwin Holden in 1968, merging both companies to form Happiway-Spencers. By 1975 Blundell's coaches were branded as Smiths Happiway-Spencers, and in 1980 the company Smiths Happiway-Spencers was formed, consolidating Blundell’s coach operations.
The Blundell Group including Smiths Happiways-Spencers was in turn acquired In March 1982 by Associated Leisure Limited, after which the Spencer name was dropped with the company becoming Smiths Happiways.
Shearings was founded in 1919 in Oldham by Herbert Shearing, who then took over Eniway Motor Tours in 1935, a company offering express coach transport between Manchester and London. On Herbert Shearing's retirement in 1949 two new companies were formed: Shearings Tours (Manchester) Limited and Shearings Tours (Oldham) Limited, which were sold to James Robinson, then owner of Happiway Tours in 1953.
Robinson sold Happiway Tours to Edwin Holden, who owned Spencers Tours in 1957, but kept the Shearings Tours companies, consolidating them as Shearings Holidays in 1963, before selling the company to the Jackson family of Altrincham in 1964. Jackson had purchased Pleasureways in 1955. Following an agreement to share resources and pick-up points with Ribblesdale of Blackburn, the coaches were branded as Shearings-Pleasureways-Ribblesdale, shortened to Shearings Ribblesdale in 1979 and then to Shearings Holidays in 1982.
Associated Leisure (who had acquired The Blundell Group including Smiths Happiways-Spencers in 1982) purchased Shearings Holidays in January 1984. Associated Leisure was in turn bought by Pleasurama, after which Pleasurama's coaches were first rebranded and then formally merged as Smiths Shearings.
National Holidays, which had been formed in 1976 to co-ordinate the coach activities of the state owned National Bus Company was purchased by Pleasurama in July 1986 as part of the privatisation of the National Bus Company, who then also purchased the business of Jenkins, Skewen in 1988. rebranding the National Holidays coaches as Shearings National the next year.
In 1989, Mecca Leisure Group purchased Pleasurama, dropping the Smiths name and subsequently merging National Holidays with Shearings. The Rank Organisation took over Mecca in 1990, adding the business of Eagle Coaches, Tunbridge Wells and Gwalia Coaches, Llandudno Junction the same year. Rank then sold Shearings Holidays to a management buyout in 1996, backed by Bridgepoint Capital.
3i, a Venture capital firm that owned Wallace Arnold, purchased a controlling stake in Shearings in 2005 merging the former competitors first under the WA Shearings brand and then as Shearings Holidays. Eight Wallace Arnold Travel travel shops in Yorkshire were also briefly branded as WA Shearings before having their former name reinstated.
3i and Indigo Capital sold the business to a management team in 2014 for an undisclosed figure, but which was less than 10% of business's £200m valuation back in 2005. At this time the company owned over 200 coaches, 52 hotels and offered coach, air, rail, cruise and hotels breaks to more than 170 destinations worldwide.
As of April 2016, the fleet consisted of approximately 240 coaches. Until 1991 Shearings fleet purchases were Leyland Tigers after which it switched to Volvo B10Ms and later Volvo B12Ms. Since 2009 it has purchased Setras and since 2015 Mercedes-Benz Tourismo coaches in both twin and tri-axle variants, for both the Shearings and National Holidays fleets.
- Our Hotel Brands Shearings Holidays
- "About Us". Shearings Holidays. Retrieved 17 September 2013.
- Companies House extract company no 307990 Webster Bros (Wigan) Limited
- Ogden, Eric (1990). Shearings. Glossop: Transport Publishing Company. p. 9. ISBN 0863171575.
- Ogden, Eric (1990). Shearings. Glossop: Transport Publishing Company. p. 10. ISBN 0863171575.
- Companies House extract company no 254416 Rank Nemo (SH) Limited formerly Smith's Tours (Wigan) Limited
- Ogden, Eric (1990). Shearings. Glossop: Transport Publishing Company. p. 11. ISBN 0863171575.
- Companies House extract company no 398082 Blundells Coaches (Southport) Limited
- Companies House extract company no 1091617 The Blundell Holiday Group Limited
- Companies House extract company no 516906 Happiway-Spencers Limited
- Ogden, Eric (1990). Shearings. Glossop: Transport Publishing Company. p. 12. ISBN 0863171575.
- Companies House extract company no 803826 Associated Leisure Holdings Limited
- Ogden, Eric (1990). Shearings. Glossop: Transport Publishing Company. p. 16. ISBN 0863171575.
- Companies House extract company no 753110 Shearings Limited formerly Jackson of Altrincham Limited
- Companies House extract company no 282590 Mecca Leisure Holidays Limited formerly Pleasurama Limited
- Ogden, Eric (1990). Shearings. Glossop: Transport Publishing Company. p. 19. ISBN 0863171575.
- "The National Archives". Retrieved 17 September 2013.
- Holidays leads NBC sell-off Commercial Motor 19 July 1986
- Shearings bus sale continues Commercial Motor 3 January 1992
- Ogden, Eric (1990). Shearings. Glossop: Transport Publishing Company. p. 20. ISBN 0863171575.
- Ogden, Eric (1990). Shearings. Glossop: Transport Publishing Company. p. 22. ISBN 0863171575.
- Shearings grows in the South East Commercial Motor 12 April 1990
- Shearings moves into North Wales Commercial News 7 June 1990
- "Shearings coached in £100m AIM float". The Sunday Times. 23 May 2004. Retrieved 17 September 2013.
- Bridgepoint exits Shearings Bridgepoint Capital 1 February 2005
- Decline and write-down of a coach empire The Independent 13 January 2013
- "UK coach groups geared for merger". BBC News. 1 February 2005. Retrieved 17 September 2013.
- Merger clearance for WA Shearings busandcoach.com 1 April 2005
- "Coach operator rebrands as Shearings Holidays". Travel Weekly. 13 September 2007. Retrieved 17 September 2013.
- "TTG Digital". Retrieved 17 September 2013.
- >"3i steps off the Shearings coach". Financial Times. 3 June 2014.
- US Buyout Giant Takes the Wheel at Shearings Sky News 17 April 2016
- Shearngs revs up record profits Manchester Evening News 18 April 2016
- Shearings management sells shares to US group to fund expansion plans Bus & Coach Professional 20 April 2016
- Jolly, Jasper (22 May 2020). "UK holiday firm SLG collapses with 2,500 job losses". The Guardian. Retrieved 22 May 2020.
- Peerless Wigan order for Leyland Commercial Motor 11 February 1988
- Smith's Tiger double Commercial Motor 14 April 1988
Media related to Shearings at Wikimedia Commons