Sabre ties up Abacus International GDS acquisition

Sabre ties up Abacus International GDS acquisition

Sabre today completed the takeover of Asia-Pacific GDS Abacus International.

Sabre, which previously owned 35% of Abacus, acquired the remaining portion for $411 million.

The acquisition includes new long-term distribution agreements between Sabre and the 11 Asian airlines that previously shared ownership of Abacus with Sabre.

Sabre has also signed an agreement to acquire Abacus national marketing company, Abacus Distribution Systems (Hong Kong).

Sabre’s president and chief executive, Tom Klein, said: “The addition of Abacus further strengthens Sabre’s leading position in the fast-growing Asia Pacific region.

“Our ability to combine Sabre’s strong global technology platform capabilities with Abacus’ deep local market expertise will provide Asia Pacific airline, hospitality and travel agency customers with unprecedented innovation and service options.

“It also makes us an ideal technology partner for global customers seeking to grow and expand in Asia Pacific.”

Abacus serves more than 100,000 travel agents across the region’s 59 markets.

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