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Last Updated: Monday, 8 May 2006, 14:09 GMT 15:09 UK
Nudist tour boss makes a million
A nudist sitting on a beach
There are an estimated 20 million nudists in mainland Europe
Britain's biggest naturist and nudist tour operator has been sold for 1.8m.

Privately-owned Peng Travel was set up by 70-year old nudist Peter Englert in 1971 and claims to cater for the UK's "hundreds of thousands" of naturists.

The Romford-based company made an operating profit of 235,000 on a 2.6m turnover last year.

Purchaser Travelzest is an Alternative Investment Market (AIM) listed operator offering specialist holidays outside of the traditional package holiday market.

"Peng Travel is a successful business and the leader in its niche market," said Travelzest chief executive Chris Mottershead.

"It meets Travelzest's strict criteria for acquisitions, offering a sustainable revenue stream and growth potential at an attractive price."

Although it is a market leader, Peng Travel only sells 3-4,000 naturist holidays a year, and Travelzest hopes to grow this by making it easier for people to book online.

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