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 º£½ÇÊÓƵ 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: “This 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’re delighted to welcome them to our portfolio.â€
The deal follows Classic Cottages’ 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’ 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 º£½ÇÊÓƵ’s 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 £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 £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.
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