New York-based Altour International continues to acquire its way into managed corporate travel. It bought a controlling stake in 62-year-old A&I Travel Management in Memphis. Altour expects to announce another U.S.-based deal next week. The company also bought the United Kingdom's Top Flight Travel Management.
Adding to its existing U.K. holdings, the Top Flight deal will bring Altour's sales there to more than £100 million. The company sells more than $2 billion in travel globally per year.
Altour owns operations in France and Japan, and in September announced it joined . . .