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Thomas Cook India concludes acquisition of Kuoni Travel China

  • Published by Ozgur Tore

thomas cook indiaThomas Cook India Group announced today that it has formally concluded the acquisition of 100% shareholding of Kuoni Travel (China) Limited, Hong Kong from the Kuoni Group. Thomas Cook (India) Ltd (TCIL) 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.

Mr Madhavan Menon, Managing Director of Thomas Cook (India) Ltd, said, "We have completed the closure process for the acquisition of Kuoni Travel China Limited based in Hong Kong. The acquisition of Kuoni Hong Kong - ably led by Maria Ng, represents an important milestone for Thomas Cook India Group, as it facilitates our entry into Asia - including China, the fastest growing travel market in the world."

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