TBO has acquired Jumbonline, an online booking system by Jump Tours Group. TBO Co-Founder Gaurav Bhatnagar made the announcement on LinkedIn on Monday. Based in India, TBO.com is a travel distribution platform.

Jumbonline is a Spain-headquartered distribution platform for wholesalers and tour operators. Under the acquisition, TBO will have access to Jumbonline’s content, technology, clients, and talent, said Bhatnagar.

“This acquisition gives us access to great supply across Europe, the Caribbean, and North Africa amongst other destinations,” said Bhatnagar. “We also get access to Jumbo’s extensive client portfolio across Europe.”

Earlier this year, TBO fully acquired Switzerland-based BookaBed, a business-to-business accommodation wholesaler. The acquisition deepened TBO’s footprint in Ireland and the UK, the company told Skift.


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Tags: india, mergers and acquisitions, news blog, tourism