2 months ago
 

Flight Centre takes stake in corp travel tech and agency 3Mundi

3Mundi has sold a 25% stake to Flight Centre – in another strategic investment for the Australia-based travel group.

Terms of the transaction have not been disclosed.

The deal follows a licensing deal between 3Mundi and Flight Centre’s corporate travel arm FCM in 2015.

The company was created in 2006 as a combination travel technology and agency business.

It has since grown, primarily in France and Switzerland, to count PriceWaterhouseCoopers as a major customer.

Flight Centre Travel Group recently took a minority stake in Bibam, a travel search brand in Argentina.

The business also bought some of the corporate travel assets of eDreams Odigeo (Travellink) in 2016.

Share on FacebookTweet about this on TwitterShare on LinkedInEmail to someone
 
 
Kevin May

About the Writer :: Kevin May

Kevin May was a co-founder and member of the editorial team from September 2009 to June 2017.

 

Comments

Your email address will not be published. Required fields are marked *

No one has commented yet. be the first!

 
 

Newsletter Subscription

Please subscribe now to Tnooz’s FREE daily newsletter.

This lively package of news and information from Tnooz’s web site provides a convenient digest of what’s happening in technology that drives the global travel, tourism and hospitality market.

  • Cancel