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Diethelm Travel Group has acquired Travel Center Asia (TCA), one of Thailand’s leading DMCs.
The two Bangkok-based companies will now merge and will continue to operate under Diethelm Travel branding as of 1 November 2018.
Boasting over six decades of operation, Diethelm Travel Group employs more than 500 staff worldwide and offers thousands of custom tours throughout 13 countries in Asia.
Already one of largest independently owned incoming tour operators in Asia, the acquisition will secure even more access to key European markets in which TCA is a specialist.
TCA, which has roots in the globally-recognised Thomas Cook Group, is also known for customised high-end tours and services as well as unique special interest products, such as exclusive cycling tours, and large group incentive experiences.
“Travel Center Asia has long been a prominent DMC, particularly for Thailand travel,” said Diethelm Travel Group CEO Stephan Roemer. “Combining the brand’s excellent relationships within Thailand as well as their key accounts in various European markets and Canada, this new acquisition is an excellent complement to Diethelm Travel’s existing Thailand operations, and further highlights our ambitions to continue strengthening our position as a leading regional DMC partner in Asia.”
TCA’s owner, Thomas Maurer, will stay on during the transition as the current TCA team continues routine operations under the Diethelm Travel brand. All key members of TCA will move to become part of the new team.
“I’m confident that the acquisition is a smart move for both entities as each is committed to providing unparalleled on-the-ground service, excellent rates and unique Asia travel products throughout the region,” said Thomas Maurer, owner of Travel Center Asia. “I look forward to seeing how the two companies come together and continue to grow.”
Diethelm Travel’s Bangkok headquarters will move to newly upgraded offices in the heart of Bangkok’s major central business district on Silom Road. The company expects to complete its relocation by 1 December 2018.