The Thomas Cook Group is preparing itself to make a dramatic increase in their presence in the countries of Canada and France. The company is going to be able to achieve this goal by buying some of the existing prominent travel companies in these two countries, like TriWest Travel Holdings in Canada and Jet Tours in France. This British company is a top known brand name in the United Kingdom’s travel industry. Now it is appearing that the Canadian travelers and French travelers are going to be getting more acquainted with the Thomas Cook Group as well.

The company is believed to be getting ready to spend €70 million total for the purchase of Jet Tours from Club Med, which is its current owner. Thomas Cook will control about 10% of the travel market in France if all goes well with the deal. They will also become France’s 3^rd biggest tour operator. Jet Tours is a very big company of France, and it has built a base of clients up a considerable amount, about 270,000 per year. The primary focus of Jet Tours has been on coordinating holidays for medium-haul and long-haul travel destinations, and in sales, the company made about €313 million just last year.

There are also millions being prepared in the deal for buying TriWest Travel Holdings of Canada. According to Britain’s Independent, the price of purchase on the Canadian company is almost €74 million, which is just slightly over what they will pay for Jet Tours.