…
Compass Tours Incoming & Top Tours Travel, Germany’s only DMC with 6 offices across the country, has been taken over by Michael Kater, Managing Director of the company since 2005. Effective as of the 6th of April 2009, Mr. Kater has purchased 100% of the shares in the company, which will retain all of its offices and staff. “I am delighted to have completed the buy-out,” says Mr. Kater. “The company is a thriving business that has experienced some strong growth over recent years, and I am focused and motivated to continue this success.”
Compass Tours Incoming & Top Tours Travel looks back on more than 30 years of history. Both divisions were founded in 1974, with a single office, and the company grew into a full service business with 6 regional offices and more than 3000 clients worldwide.
“I am very thankful to my staff for the great work they have done in the last years with me and the progress we have made together”, Mr. Kater adds, “In these times it is hard to talk about the possibility of growth, but I still see the opportunity for new offices in Germany and new clients both in developed and emerging markets”.
Theodore is the Co-Founder and Managing Editor of TravelDailyNews Media Network; his responsibilities include business development and planning for TravelDailyNews long-term opportunities.
