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International Business Times
International Business Times
Business
Michael Lee

Israeli Travel Company Just Bought a Sydney Business for $10 Million — And It's Not Done Yet

Talma Travel Solutions

QUICK FACTS:

The Deal: Israel-based Talma Travel Solutions acquired Sydney's Bay Travel Group for US$10 million (£7.61 million), marking its first move into the Australian market.

The Strategy: This is the latest in an aggressive expansion spree. Talma has acquired companies in the US and UK, and plans more Asia-Pacific deals in 2026 to become one of the world's top travel management companies.

What Stays the Same: Bay Travel Group's leadership team stays in place. Managing Director Alan Wolf says the company's "values, vision and commitment to excellence will remain the same."

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