LONDON, PARIS, MUNICH and BRUSSELS, May 3, 2012 /PRNewswire/ —
Egencia, an Expedia, Inc. (NASDAQ: EXPE) company, announced today that it completed the acquisition of VIA Travel, the largest travel management company in the Nordics. VIA Travel® is now named VIA Egencia™.
“The future of corporate travel is about innovation on a global scale. The next 10 years in our industry will be shaped by companies that combine service, scale and local market presence with innovation-driven technology solutions,” said Rob Greyber, President, Egencia.
Christophe Peymirat, Senior Vice President, Egencia EMEA, APAC, added, “With the acquisition of VIA Travel, Egencia is positioned to push the boundaries of the business travel industry, and to better serve our customers today and tomorrow.”
With this acquisition, Egencia® now has a presence in over 50 countries across the globe and will leverage the power of both companies to accelerate its pace of technology innovation in the years to come.
“We’re extremely excited to join the Egencia family. In combining the strengths of both organisations, we’re shaping what is to become one of the industry’s premier travel management companies,” said Espen Asheim, Senior Vice President, Egencia Nordics & Business Integration. “In this deal, everyone wins. Our employees benefit by being part of a world-class business community, and our customers benefit by gaining access to a truly unmatched selection of travel products and services.”
The acquisition closed April 27, 2012. Additional terms were not disclosed.
