WITH ITS ACQUISITION of Parador Travel Management, Co-operative Travel Management moves into the top 10 business travel specialists, with a turnover of £100 million plus.
Parador, an independent corporate travel management services company with 40 staff, was established in 1981, and is based on London's City Road, with offi ces in Bury St Edmunds. The acquisition - for an undisclosed sum - by Co-operative Travel Management, the business travel arm of The Co-operative Travel, brings its number of offi ces to 16 nationwide.
Pictured are Alan Weiner (left), Parador's managing director, with Anthony Rissbrook, head of Co-operative Travel Management, completing the deal.