The travel agency acquired Tic Tak Ticket, founded five years by Gaon Investments and BTC.
Travel agency Gulliver Tourism Ltd. has acquired 70% of Tic Tak Ticket Ltd. from its owner and now controls the agency. Gulliver said that that Tic Tak was expected to achieve a turnover of NIS 35 million this year.
B. Gaon Holdings Ltd. (TASE: GAON) and travel agency BTC founded Tic Tak five years ago to challenge Daka 90 Ltd. (Last Minute), which had dominated the online tourist reservations market until then.
Published by Globes [online], Israel business news - www.globes-online.com - on July 9, 2008
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