Wings Travel Management is expanding its presence in the Asia-Pacific region.
The company has entered into a sale and purchase agreement for the acquisition of a 70% stake in Olympia Travels & Tours in Singapore.
Whilst the acquisition is expected to be completed by 1 January 2018, Wings is now well positioned to serve its existing customers in Asia from Singapore, with immediate effect.
The move gives Wings the platform not only to grow its business in the Asia-Pacific region, but also the operational capabilities to fully service clients across the region via a hub.
The acquisition also coincides with the appointment of Nicole Liang to the newly-created position of VP Asia-Pacific, based in Singapore.