TQ3 expands into Canada, South Africa, Turkey and Germany

Africa

TQ3<.> Travel Solutions (TUI Business Travel Deutschland GmbH) is pleased to announce its expansion into Canada, South Africa, Turkey and Germany by acquiring the business travel activities of Kühne & Nagel International AG, with commercial effect from 01. January 2002. This includes the following companies (subject to approval by the anti-trust commission):

Kühne & Nagel Travel Inc., Canada

Kühne & Nagel Travel Services (Pty) Ltd., South Africa

Stute Reisebüro Verwaltungsgesellschaft mbH and Stute Reisebüro GmbH & Co KG, Germany

Business travel activities of H.W. Feustel Nakliyat ve Seyahat A.S., Turkey

In addition to marking the entry of TQ3 Travel Solutions into the Canadian, South African and Turkish markets, this move also reinforces the global expansion strategy of the company. Furthermore the agreement increases TQ3

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