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Balmer Lawrie acquires business undertaking of ‘Vacation Exotica’

07 Feb 2014 Evaluate

Balmer Lawrie & Company has taken over business undertaking of the premier holiday brand ‘Vacation Exotica’ by way of sale/transfer from Vacation Exotica Destinations along with its employees and business. The takeover is an endeavor by the company to expand its value proposition and strengthen its foothold in the Tours Domain.

Balmer Lawrie & Company, a Government company and a Mini-Ratna Category / Public Sector Enterprise, operates one of the largest travel agencies in India affiliated to IATA.

Peers
Company Name CMP
Grasim Industries 3067.50
DCM Shriram 916.70
3M India 32111.10
Hindustan Foods 575.30
Balmer Lawrie & Co 161.25
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