first_imgTravel website Webjet has purchased Sun Hotels Group in Europe for €21 million (AUD $30.4m) to expand its reach in Europe.A spokesperson for Webjet said that the acquisition of Sun Hotels Group by Webjet will be fully funded by a mainly euro finance facility.Webjet expects to complete the acquisition by the end of August and it is expected to create “an important cornerstone platform” for Webjet to improve its sourcing and distribution opportunities.The deal follows its purchase of online ticket seller Zuji last year for AUD $25 million to expand its footprint in Asia.Sun Hotels provides a wide range of hotels and transfers in European resort destinations to markets in Scandinavia and Britain.Source = ETB News: Tom Nealelast_img