Clear
0 Selected+
Filters
Air
Cruise
Agencies
Operators
Technology
Destinations
Luxury
City and finance
Skills
Regulation

News

09 Feb 2018

BY Jennifer Morris

Share
TR FB LinkedIn

Hogg Robinson Group to be acquired by American Express Global Business Travel

Travel management firm and technology provider Hogg Robinson Group is to be acquired by American Express Global Business Travel.

Acquisitions - M&A
Sharelines

GBT says it will utilise "the best talent and technology from within both organisations"

The combined group will offer clients and travellers “a more comprehensive range of travel management products and services”.

 

Doug Anderson, chief executive, American Express GBT, said: “The complementary geographical footprints of each company will improve the global scale and reach of our business, enabling us to achieve efficiencies across a best-in-class platform and accelerate growth.

 

“The technology roadmaps of each business provide a powerful platform from which to drive future innovation. We will deliver a superior client and traveller experience through fully-integrated travel management solutions, including booking and expense management products.”

David Radcliffe, chief executive, HRG, said: “This transaction represents a good deal for shareholders and stakeholders. I am particularly excited and heartened by American Express GBT’s reassurance that it will be utilising the best talent and technology from within both organisations to create a truly world-class, leading-edge organisation, which will bring benefits to our clients, colleagues and supplier partners alike.”

The acquisition is conditioned on receipt of antitrust and other regulatory approvals and is expected to close in the second quarter of 2018.

 

Add New Comment
Please sign in to comment.
Job Search
Previous Searches
Show me more
TTG Media Limited.
Place of registration: England and Wales.
Company number 08723341.
Registered address: New Bridge Street House, 30-34 New Bridge Street, London EC4V 6BJ
Scroll To Top