The merged entity is intended to offer its business customers a comprehensive suite of travel products and services, while combining technology and infrastructure.
Hogg Robinson Group, the global B2B services company specialising in travel management, is to be acquired by American Express Global Business Travel (GBT).
The deal is expected to close in the second quarter of 2018.
The merged entity is intended to offer its business customers a comprehensive suite of travel products and services, while combining technology and infrastructure.
GBT has approximately 12,000 employees and operations in nearly 140 countries worldwide.
“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,” said Doug Anderson, chief executive of American Express GBT.
American Express GBT is a joint venture between US credit card group American Express and a consortium of investors led by Certares, the private equity firm.
David Radcliffe, chief executive, HRG, said, “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.”