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Carlson Wagonlit Travel Acquires Partner Agency Kaleva Travel

Travel News Asia Latest Travel News Podcasts Videos Thursday, 10 February 2011

Carlson Wagonlit Travel has acquired Kaleva Travel, a Finland-based travel management company with which CWT has partnered since 1995 to serve clients in several key European markets.

With annual sales volume of more than $450 million USD, privately owned Kaleva Travel is one of Finlands largest travel agencies, specializing in business travel.

CWTs business relationship with Kaleva Travel has expanded geographically over the years and today includes partner operations in Estonia, Finland, Latvia, Lithuania, and Romania. As a result of this acquisition, CWT now has a wholly owned presence in each of these important markets.

Mika Kiljunen, CEO of Kaleva Travel, will continue to lead the existing operations under CWTs ownership and will report to Patrick Andersen, CWT executive vice president, Nordic countries. In addition to Mr. Kiljunen, CWT today welcomes Kaleva Travels 450 employees.

Mr. Kiljunen said that joining CWT is in the best interest of Kaleva Travels employees and customers, enabling his team to offer the same high-quality service and travel options clients have long enjoyed, while creating additional opportunities through CWTs global network and resources.

Our clients needs have expanded as companies of all sizes increasingly find themselves participating in a global economy. At the same time, expectations have increased as clients seek a true consultant to help guide their travel decisions, Mr. Kiljunen explained. CWT can help Kaleva Travel advance our capabilities in each of these areas given its global footprint, award-winning products and service, and proven track record with clients of all sizes.

Integration of the two companies is underway and will continue in the coming months.

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