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The BCD Travel group of the Netherlands acquired a majority stake in its partner in Colombia, Travel Club (BCD Travel).
As part of the agreement, Colombian Andrés Monguí (former owner of the 98% of Travel Club Colombia) will be the minority management partner in the new ownership structure, reporting to Latin America's director of BCD Travel, Rob McTeague.
Our strategy focuses on acquisitions in markets that represent growth and growth potential. income
The multinational will also retain the payroll of BCD Travel Colombia, which has 508 employees focused on travel services
The investment of BCD Travel in Colombia is the latest in a series of expansive movements of the multinational.
Other acquisitions of its own, by taking majority stake or total ownership, include Brasi l, China, Dubai, Ho Kong and Poland.
In addition, BCD Travel has acquired Acendas Travel and World Travel Services in the United States in recent years. UU; the Nordic travel agency Ticket Biz; International Events Agency Zibrant, UK; Planet 365 marketing marketing agency; According to BCD Travel (Netherlands), the acquisition of the company in Colombia is due to the fact that it is one of the largest markets in Latin America, with the presence of large foreign companies. (19659009) BCD Travel charges approximately $ 25,700 million annually and was founded in 1975 by John Fentener van Vlissingen and is composed of BCDTravel (Global Corporate Travel Administration); Travix (online travel); CheapTickets; Vliegwinkel; Budget Air; Flugladen; Vayama; Park & # 39; N Fly (parking outside airports); Airtrade Holland (consolidation and compliance); and its partner Parkmobile International (Traffic and Parking Applications for Mobile Devices)
BCD Travel (Netherlands) employs 13,500 people in 109 countries.
Potential Market
"Our strategy focuses on acquisitions in markets with significant growth and revenue potential Many of our international clients are investing in Colombia and we are planning for long-term growth in the country, "said Mike Janssen, Director of Global Operations at BCD Travel.
In 2017, Travel Club (BCD Travel) charged 22,870 million pesos and in the first five months of this year, 10,660 million pesos.
ROLANDO LOZANO GARZON-ECONOMIA Y NEGOCIOS
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