Monday, January 17, 2005

Australian Acqi=uisitions news

Travel Daily News

"TQ3Navigant Travel Solutions, a 50% owner of TQ3 Travel Solutions, has agreed to purchase SYNERGI Travel Australia Pty Ltd., Australia`s 4th largest Travel Management Company (TMC), and SYNERGI Travel New Zealand Ltd., New Zealand`s 2nd largest TMC.

These companies will join the TQ3 global network and will provide TQ3 with a strong presence in the key markets of Australia and New Zealand and the wider Pacific region. With a combined turnover of approximately USD$270m, SYNERGI Travel is headquartered in Sydney and Auckland, with offices in Melbourne, Canberra, Brisbane, Adelaide, Perth, Wellington, Palmerston North and Christchurch. "

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