Talma enters Canadian market with Plus Travel Group acquisition

International corporate travel management company Talma Travel Solutions has entered the Canadian market through its acquisition of Plus Travel Group, a corporate travel agency based in the Greater Toronto Area.

The acquisition brings Plus Travel Group into Talma's international network, giving the Canadian company access to its technology, resources and broader range of travel services.

Jeffrey Verman will remain CEO of Plus Travel Group following the acquisition, according to Business Travel Executive.

Iya Magen, CEO of Talma, said the acquisition is part of a broader strategy of investments in travel services and technology that the company has pursued over the past four years.

“Plus Travel Group shares our commitment to exceptional customer service, proactive account management and innovative technology,” Magen said.

Beyond corporate travel

Both companies operate beyond corporate travel management, with services spanning leisure travel, group travel, meetings and events, according to Business Travel Executive.

The acquisition combines Plus Travel Group's Canadian client relationships and local market experience with Talma's international operations.

Verman said the partnership will give the Canadian company access to additional resources and expand the services it can offer clients.

“It strengthens our global reach, enhances our collective buying power, and expands the solutions and resources we can offer, while creating new opportunities for continued growth,” Verman said.

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