Vision acquires TCNA’s M&IT business
The Vision 2000 Travel Group has acquired Thomas Cook North America’s (TCNA) meetings and incentives business, which trades as SM+i. Brian Robertson, COO of Vision 2000 announced today (March 22) that an agreement had been finalized with TCNA to acquire its meetings and incentives business, which trades as SM+i. TCNA’s CEO, Dean Moore said of the deal that, “SM+i has always been a profitable and unique division of our company, but because its sole focus is on the corporate incentive market, the brand was never integrated with our other businesses and is not core to our principal leisure travel tour operating business.” However, Robertson made it clear that SM+i was a “perfect fit.” Said Robertson, “This really is a great match for us. The calibre of business that SM+i has is a wonderful complement to ours, and we look forward to welcoming their talented and experienced staff to Vision 2000.” Under the terms of the sale, SM+i will continue to operate under that name and will remain, for the foreseeable future, in the Thomas Cook offices in central Toronto. Ellie MacPherson will remain at the helm in her new role as senior vice-president, Strategic Meetings + Incentives (SM+i), and become an integral part of the Vision 2000 executive team. Watch for more in the next issue of Travel Courier.