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FLIGHT CENTRE TRAVEL GROUP LIMITED M&A Activity 2017

Aug 31, 2017

M&A Activity

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STATEMENT TO AUSTRALIAN SECURITIES EXCHANGE – September 1, 2017

FLIGHT CENTRE TRAVEL GROUP COMPLETES NZ ACQUISITIONS

THE Flight Centre Travel Group (FLT) has expanded its leisure and corporate travel presence in New Zealand.

The company has completed its acquisitions of:

Travel Managers Group (TMG), a predominantly leisure-focused group that provides systems and support services to a network of more than 180 individual brokers. TMG also operates a 22-shop franchise network, which includes 12 TravelSmart shops and 10 non-branded stores; and
Executive Travel Group (ETG), New Zealand's largest independent corporate travel management company

FLT announced that it had agreed to buy the businesses on July 31, 2017.

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Flight Centre Travel Group Limited ABN 25 003 377 188 275 Grey Street, South Brisbane QLD 4101 AUSTRALIA