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The AOT Group to acquire ATS Pacific

29th of August, 2017

The AOT Group today announced it had agreed to purchase ATS Pacific from Jetset Travelworld Group Limited (ASX: JET) subject to certain conditions precedent. The transaction is scheduled to complete on Monday September 30th, 2013.

The deal, which includes ATS Pacific's operations in Australia, New Zealand and Fiji together with a 60% stake in Tourism & Transport Fiji ("TTF") will complement AOT's existing inbound tour operating businesses.

ATS Pacific, founded in 1981, is one of the South Pacific's leading inbound tour operators with clients in the UK, Europe, Asia, the Middle East, Japan and North America.

AOT Group CEO Andrew Burnes said AOT intended to continue to run the ATS business "as usual" saying that ATS has a great team and a superb reputation as one of the best ITO's in the region.

"ATS Pacific is one of the most experienced and reputable operators in Australia, New Zealand and Fiji and has an outstanding global customer portfolio. The teams at ATS and TTF have consistently delivered over many years and we will ensure that both businesses continue to offer outstanding customer service, a comprehensive product range and competitive pricing" said Mr Burnes.

With the acquisition of ATS, AOT will have offices in Melbourne, Canberra, Sydney, Brisbane, Auckland, Nadi, Shanghai, Hong Kong, Singapore, Jakarta, Mumbai, Milan and London.