The acquisition is part of the Australian-headquartered CTM’s larger strategy to establish a strong base in Europe and North America, which also saw the acquisition of Diplomat Travel, located in the USA. Please see the RNS for more information.

The OC team that advised on the transaction was led by the Head of Business Transactions Group, Ray Berg. He was assisted by Corporate Senior Associate Wen Zhao, Tax Associate Director Tracey Wright and both Associate Director Jeremy Cavendish and Senior Associate Sue El Hachmi from Incentives.

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