Breaking Travel News

TravelTainment acquisition gets approved

Amadeus has received clearance
from the German competition authority, the Bundeskartellamt, to acquire
TravelTainment, a booking engine technology provider in the German leisure travel
market. 

“We are very pleased to receive the German competition authority’s approval for
this transaction and we anticipate finalising the acquisition process shortly,”
says Philippe Chérèque, Senior Vice President, Corporate Strategy, Amadeus. “We
can confirm that the existing management team of Ralf Usbeck and Michael Kalt will
continue to drive this innovative business forward.”

——-