TORONTO — TravelBrands has signed an agreement to sell its North American division of Carte Postale to Tours Chanteclerc.

“It is with great pleasure that we announce today the purchase of Carte Postale Tours by Tours Chanteclerc,” said TravelBrands CEO Frank DeMarinis. “It is a natural transaction that is part of our quest to focus our product selection around our core business and to offer our travel agent customers the best service in the industry.”

DeMarinis added: “The synergy with Tours Chanteclerc, a leader in the North America travel sphere is just perfect. This will allow the Carte Postale team to evolve and for Tours Chanteclerc to strengthen its presence in the Eastern part of the province with an office in Quebec City.”

During this transition period, travel agents will continue to contact Carte Postale and Tours Chanteclerc through the regular channels. As developments progress, press releases will be issued by Tours Chanteclerc.