Thomas Cook India’s arm - Quess Corp’s wholly owned subsidiary - Quesscorp Holdings, has entered into definitive agreement to acquire 51% shareholding in Comtel Pro, a private limited company incorporated under the laws of Singapore. Comtel Pro is engaged in the business of providing service inter alia, in the field of general staffing, training and skill development to clients in Singapore.
Besides, Quess Corp has signed the definitive agreements to acquire 46% equity in Heptagon Technologies. The acquisition will be on cash consideration and total investment is Rs 9.77 crore for acquiring 46% stake.
Thomas Cook is the leading integrated travel and travel related financial services company in the country offering a broad spectrum of services that include Foreign Exchange, Corporate Travel, MICE, Leisure Travel, Insurance, Visa & Passport services and E-Business. The company set up its first office in India in 1881.