Navigant buys 50% of TQ3

TQ3 Travel Solutions announced it would enter an agreement with Navigant International, the second largest travel management company in North America. Navigant has purchased 50% of TQ3 Travel Solutions GmbH, a global joint venture company. Navigant now becomes TQ3’s new partner in the US and Canada. Globally, the company will continue to operate in the same marketing vein, TQ3 officials said. The company will also have the same corporate identify. The new company marks TQ3’s continuing emphasis on a strategy to expand and expedite globalization, according to Marc Hildebrand, president and CEO of TQ3 Travel Solutions. Report by David Wilkening