Thomas Cook India Group to acquire Kuoni’s global network in 17 countriesStaff Writer | May 3, 2017
Thomas Cook India, through its wholly owned subsidiaries, Thomas Cook India Group, announced its acquisition of Kuoni’s global network of Destination Management Specialists.
Acquisition 17 countries across the geographies
The transaction will be completed post customary closing conditions, the company said in a release.
The multinational acquisition creates a strong global network that will transform the Thomas Cook India Group into a globally integrated travel services provider with the ability to leverage inherent synergies across its global travel portfolio.
The agreement includes premium brands with expert knowledge of their respective regions, including, ‘Asian Trails’, ‘Desert Adventures Tourism’, ‘Gulf Dunes’, ‘Private Safaris (East &South)’, ’AlliedTPro’ as well as ‘Australian Tours Management, and extends across 17 countries - USA, Canada, South Africa, Kenya, Namibia, The United Arab Emirates, Jordan, Oman, China, Malaysia, Thailand, Cambodia, Laos, Myanmar, Vietnam, Indonesia and Australia. ■