BGH Capital raises bid for THL as demand slows
Private equity group BGH Capital increased its takeover offer for Tourism Holdings Limited by nearly 35%. The campervan rental operator downgraded its...
Private equity group BGH Capital increased its takeover offer for Tourism Holdings Limited by nearly 35%. The campervan rental operator downgraded its full-year profit forecast, citing higher fuel costs that reduced demand from grey nomads and backpackers. The Trouchet brothers, founders of the Apollo brand, joined the BGH consortium after their earlier bid was rejected in June 2025.