Cornwall-headquartered holiday letting firm Classic Cottages has acquired North Devon-based agency Ocean Cottages for an undisclosed sum.
The deal adds a further 55 properties to Classic's portfolio, taking the total number managed across the 海角视频 to more than 1,400.
Ocean Cottages was founded in 2009 with a focus on the North Devon coast including Croyde, Woolacombe and Saunton.
Dan Harrison, commercial director at Classic Cottages, said: 鈥淭his acquisition strengthens our presence in the South West and adds another outstanding local agency to the Classic family.
"Like us, Ocean Cottages places great emphasis on providing high levels of service to both guests and owners, and we鈥檙e delighted to welcome them to our portfolio.鈥
The deal follows Classic Cottages鈥 acquisition of Norfolk Holiday Homes in July last year and the purchase of Cat Hole Cottages in the Yorkshire Dales in late 2024.
The company said the deal was part of parent company Sapphire Holidays鈥 wider growth strategy, which saw it acquire Grandeur Property Management in Dorset earlier this year.
Sapphire Holidays, which includes Classic Cottages, Aspects Holidays, Boutique Retreats and Unique Hideaways, is the 海角视频鈥檚 largest family-run holiday letting agency.
The group, based in Hayle, in Cornwall, manages a portfolio of just over 2,700 properties nationwide, generating over 拢60m in holiday bookings annually and employing more than 190 staff, the majority of whom are based in Cornwall.
The announcement comes as Classic Cottages and sister business Boutique Retreats prepare to move into new purpose-built offices in Hayle later this year next to the group's headquarters, Sapphire House.
A 拢2m investment by Sapphire Holidays is recycling a former industrial building on Hayle Business Park into a low-carbon, high-tech base for the growing team, the company added.
Like this story? Why not sign up to get the latest South West business news straight to your inbox.
