The takeover of the company, which was founded six years ago, will boost TUI’s destination services with more tours, sightseeing options and activities in more than 60 countries. Management at isango! will be retained headed by co-founder and CEO Ranjan Singh.
“This is a pivotal time for isango! Becoming part of TUI Travel is the icing on the cake and caps a strong period of growth for our business,” he said.
“By combining the strengths of the two businesses, we can create a formidable player in this very exciting sector of the travel,” Singh added.
isango! sells through travel partners and direct to consumer through isango.com, loveorlandotickets.co.uk and justlondontheatrebreaks.com.
There has been an increase in customers purchasing ancillary products when they book a holiday in recent years, with Euromonitor predicting the activity sector will rise 7% by 2015.