Flight Centre Travel Group continues to strengthen its North America presence by agreeing to acquire Silicon Valley-based Casto Travel Inc’s US Operations. Flight Centre has entered into a Unit Purchase Agreement with Casto with the acquisition expected to close early February 2019. Established in 1974, Casto is one of the leading independent travel management companies in the San Francisco Bay Area employing 85 persons and generating total transaction volume of $120 million (USD). Casto serves largely corporate travel complemented with a premium leisure offer from its three offices in San Jose, San Francisco and Tiburon. Managing director Graham Turner said the new business is a significant addition to Flight Centre’s increasingly diverse global network: “Casto strengthens our overall US operation, which includes the highly successful and rapidly growing corporate travel business, along with our on and offline leisure business...