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Thomas Cook India Group completes acquisition of Kuoni's Global DMS Network

29 Jun 2017 Evaluate

Thomas Cook India Group - the largest integrated travel and travel related financial services provider in the country, has completed the acquisition of a significant part of Kuoni’s global DMS network. As a part of this acquisition, Thomas Cook India Group will now include leading Destination Management Specialists (DMS) like Asian Trails (APAC), Desert Adventures (MENA), ATM-Australian Tours Management (Australia), Allied T Pro (North America), Private Safaris (Eastern Africa) and Private Safaris (Southern Africa) under its network creating a seamless delivery capability for the group and its B2B and B2C customers across 21 countries and 4 continents.

With this move, The Thomas Cook India Group’s travel business network has now expanded significantly - the addition of 17 new countries, increasing its footprint to now cover 21 countries. The Group, which prior to this acquisition, comprisied Thomas Cook (India), SOTC Travel, TCI-SITA and Kuoni Hong Kong had a network spanning 4 countries - India, Sri Lanka, Mauritius and Hong Kong.

Peers
Company Name CMP
Thomas Cook (India) 104.05
IRCTC 461.25
TBO Tek 1688.20
Le Travenues Techno 159.30
Yatra Online 105.30
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