Expert Collections containing 3Mundi
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
3Mundi is included in 1 Expert Collection, including Travel Technology (Travel Tech).
Travel Technology (Travel Tech)
The travel tech collection includes companies offering tech-enabled services and products for tourists and travel players (hotels, airlines, airports, cruises, etc.). It excludes financial services and micro-mobility solutions.
Latest 3Mundi News
Aug 5, 2019
Written on the 5 August 2019 by Matt Ogg Just over a month after taking over Paris-based corporate travel group 3Mundi , Flight Centre (ASX: FLT) is boosting its exposure to another French-speaking market. The Brisbane-headquartered company now has 100 per cent ownership of North American premium leisure and corporate travel business Les Voyages Laurier du Vallon (LDV). Flight Centre had secured a 75 per cent interest in the Quebec-based group in August 2017, and has recently executed its option to acquire the remaining share. FLT's managing director Graham Turner says LDV has become an important part of the company's Americas business during the past two years, contributing to strong growth in the region. "LDV has proven to be a valuable addition to our network in the Americas and we are pleased to take 100% ownership of the business," he says. "In addition to delivering solid earnings growth over the past two years, its corporate travel presence has enhanced our already strong customer offering across Canada and throughout North America in general. "In leisure travel, LDV's premium offering, which is similar to the highly successful Travel Associates model we use in some other countries, has complemented the Flight Centre branded offering in Canada and allowed us to target a broader customer base in this fairly large market." FLT will release its 2019 fiscal year (FY19) accounts on August 22 and has already flagged a record profit contribution from its North American business. In April, the company said its Americas businesses, which together generated a AUD$70.2million profit before tax during FY18, were closing in on a profit in excess of AUD$100million for FY19.
3Mundi Frequently Asked Questions (FAQ)
When was 3Mundi founded?
3Mundi was founded in 2006.
Where is 3Mundi's headquarters?
3Mundi's headquarters is located at Paris.
What is 3Mundi's latest funding round?
3Mundi's latest funding round is Acquired.
Who are the investors of 3Mundi?
Investors of 3Mundi include Flight Centre Travel Group.