Michael Wright, 61, set up Riviera Travel 33 years ago, organising coach trips to Paris, and still retains a minority stake in the Staffordshire firm, which is now the UK’s largest escorted tours operator and second-largest provider of river cruises. Chief executive David Clemson, 51, is leading the group’s expansion into the US and Australia. The group’s private equity owner, Phoenix Equity Partners, has reportedly put the company up for sale with a £250m price tag.
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