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TQ3 (TUI BUSINESS TRAVEL DEUTSCHLAND GmbH) ACQUIRES 50% GLOBAL JV OWNERSHIP FROM MARITZ
Sunday, 17 Mar, 2004
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17 March 2004, Bremen, Germany – TUI Business Travel Deutschland GmbH (TUI) today announced that it has acquired from TQ3 Maritz Americas Inc. the outstanding 50% ownership interest in TQ3 Travel Solutions GmbH, its global joint venture company. With the acquisition TUI terminates the relationship with Maritz (following a transitional period until 1 May 2004). A new US-based partner will replace Maritz. Details about the new partner will be published in a separate press release. – ENDS – For further information, please contact: Melanie Garrett, Director of Marketing EMEA APAC TQ3 Travel Solutions Greater London House Hampstead Road London NW1 7HQ Tel: +44 (0) 207 153 3310 Mob: +44 (0) 7736 105257 [email protected]
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