H.I.S. Co. Ltd.

H.I.S. Co. Ltd. has acquired Jonview Canada Inc.

Industry:

Entertainment and Recreation

H.I.S. Co. Ltd. has acquired Jonview Canada Inc. MNP Corporate Finance Inc. acted as financial advisors and provided due diligence services to H.I.S. Co. Ltd.

Transaction Brief

Jonview Canada Inc. was founded in 1981 and is headquartered in Toronto, Canada. The company has additional offices in Toronto and Montreal, Canada and representatives in the United Kingdom, France, Mexico, Brazil and Japan. Jonview Canada Inc. provides travel products and services to tour operators. Its products include escorted holiday tours, group and incentive programs, flexible fly-drive tours, customized luxury independent travel, sightseeing and excursions, winter and ski packages and independent packages. These include city and resort, rail and adventure as well as meet and greet and transfer services.  Jonview Canada Inc. previously operated as a subsidiary of Transat A.T. Inc.

H.I.S. Co. Ltd. provides travel agency services worldwide. The company offers sports related tours such as ski and diving tours; casual to luxury cruises; escort accompanied tours, honeymoons and onboard weddings; and local tour services in Australia, Bali Island, Guam, Thailand and South Korea. It also operates hotels and theme parks as well as provides international airline tickets. In addition, the company offers business trips, and group and package tours; Skywalker cards and gift cards; and overseas travel insurance products. H.I.S. Co. Ltd. is the parent company of Merit Travel Group in Canada, including Canadian brands:  Merit Travel, travelcuts, MeritBiz, Merit Loyalty and Exclusive Tours.  H.I.S. Co. Ltd. operates a  worldwide network of 230 branches in 141 cities abroad. H.I.S. Co. Ltd. was founded in 1980 and is based in Tokyo, Japan.