Australia’s Flight Centre Travel Group has expanded to Sweden, Denmark, Norway, Finland and Germany through a deal to acquire corporate businesses owned by European online travel agency eDreams ODIGEO.

Since reporting a profit slump in August, Flight Centre has acquired the eDreams corporate presence, which includes a proprietary online booking tool.

Graham Turner, managing director, said the acquisition was aligned to the company’s global strategy of fast-tracking growth in corporate travel in a report by Inside Retail.

“Corporate travel is one of our six key growth sectors for the medium to long-term,” he said.

The acquisition of eDreams’ corporate business will secure a presence for Flight Centre in five countries: Sweden, Denmark, Norway, Finland and Germany.

Flight Centre also has a presence in Ireland and the Netherlands has also recently acquired corporate travel businesses in Malaysia, Hong Kong and Mexico during the 2016 fiscal year.