Business Travel News Europe
Business Travel News Europe
  • NEWSOpen Menu
    • Accommodation
    • Air Travel
    • Ground Transport
    • Management
    • Meetings
    • On the Move
    • Payment & Expense
    • Sustainability
    • Technology
    • TMC & Distribution
    • Travel Procurement
    • Recent Issues
  • FEATURESOpen Menu
    • View All Features
  • CONVERSATIONSOpen Menu
    • Interviews and Q&As
    • Guest columns
    • Podcasts
    • VIEW ALL CONVERSATIONS
  • RESOURCESOpen Menu
    • NEW! Spotlight Series: Air travel 2025
    • The 2025 Hotlist
    • The 2024 Travel Manager Salary & Job Satisfaction survey
    • Spotlight Series: Ground transportation 2024
    • Ecosystem Play – the 2024 travel tech report
    • Navigating towards net zero
    • Taking Flight: Small & midsize travel programmes
    • Spotlight Series: Accommodation 2024
    • Spotlight Series: Air travel 2024
    • Meetings Management 2024
    • Spotlight Series: Travel management companies 2024
    • The 2024 Hotlist
  • EVENTSOpen Menu
    • Webinars
    • Business Travel Show Europe
    • Business Travel Awards Europe
    • Business Travel Sustainability Summit Europe
    • Entertainment Sports & Media Travel Summit
    • Business Travel Tech Talk
    • Strategic Meetings Summit
    • Business Travel Accommodation Summit
    • Business Travel Intelligence Summit Europe
    • Global Travel Risk Summit
    • VIEW ALL EVENTS
  • SUBSCRIBE
Business Travel News Europe
  • Business Travel News Europe on X
  • BTN Europe on LinkedIn
  • BTN Europe on Facebook
  • NEWS
    • Accommodation
    • Air Travel
    • Ground Transport
    • Management
    • Meetings
    • On the Move
    • Payment & Expense
    • Sustainability
    • Technology
    • TMC & Distribution
    • Travel Procurement
    • Recent Issues
    SubscribeBTN Europe newsletters
  • FEATURES
    • View All Features
    Travelling to the US? Expect to be 'vetted to the maximum degree'Travelling to the US? Expect to be 'vetted to the maximum degree'
    Corporates watch and wait as Trump tariffs stir travel uncertaintyCorporates watch and wait as Trump tariffs stir travel uncertainty
    The virtual cards conundrumThe virtual cards conundrum

  • CONVERSATIONS
    • Interviews and Q&As
    • Guest columns
    • Podcasts
    • VIEW ALL CONVERSATIONS
    The hotel RFP time warp: why 2025 still looks a lot like 2017The hotel RFP time warp: why 2025 still looks a lot like 2017
    Fixing the showers: the quiet work of rebuilding trustFixing the showers: the quiet work of rebuilding trust
    Interview: Jean-Christophe Taunay-Bucalo, president & COO, TravelPerkInterview: Jean-Christophe Taunay-Bucalo, president & COO, TravelPerk
  • RESOURCES
    • NEW! Spotlight Series: Air travel 2025
    • The 2025 Hotlist
    • The 2024 Travel Manager Salary & Job Satisfaction survey
    • Spotlight Series: Ground transportation 2024
    • Ecosystem Play – the 2024 travel tech report
    • Navigating towards net zero
    • Taking Flight: Small & midsize travel programmes
    • Spotlight Series: Accommodation 2024
    • Spotlight Series: Air travel 2024
    • Meetings Management 2024
    • Spotlight Series: Travel management companies 2024
    • The 2024 Hotlist
    Tools & ResourcesBTN AcademyBTN CommunitiesEurope's Leading TMCs 2024The Power ListBooking tools – the essential guideWho works with whom?The Spotlight SeriesThe HotlistThe Green ListTaking off: New routesOpening for business: New hotelsTraveller Experience IndexCorporate Travel IndexTravel entry requirementsBTN Europe podcastsGlossary of industry acronyms
  • EVENTS
    • Webinars
    • Business Travel Show Europe
    • Business Travel Awards Europe
    • Business Travel Sustainability Summit Europe
    • Entertainment Sports & Media Travel Summit
    • Business Travel Tech Talk
    • Strategic Meetings Summit
    • Business Travel Accommodation Summit
    • Business Travel Intelligence Summit Europe
    • Global Travel Risk Summit
    • VIEW ALL EVENTS
    Business Travel Sustainability Summit Europe

    etc.venues 8 Fenchurch Street - 15 May 2025

    Business Travel Show Europe

    25 - 26 June 2025, ExCeL London

    8th Annual Strategic Meetings Summit London

    29 September 2025, Convene 200 Aldersgate, St.

  • SUBSCRIBE

Management

American Express GBT buys HRG

By Molly Dyson / 9 February 2018 / Contact Reporter
Business Travel News on X

American Express Global Business Travel (GBT) has announced it will acquire Hogg Robinson Group (HRG), subject to anti-trust approval.

The agreement is a recommended all-cash acquisition of the entire issued and to be issued ordinary share capital, according to American Express GBT. It is expected to be completed in the second quarter of 2018.

The TMC says the combined group will be able to offer clients and travellers a more comprehensive range of products and services. Both companies will now be able to combine their technology and development platforms, create cost savings through synergies and leverage each other’s infrastructure to “maximise efficiencies”.

Doug Anderson, CEO of 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, CEO of HRG, added: “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.”

Greg O’Hara, chairman of the board at American Express GBT, said: “The Board of Directors of GBT strongly endorses the acquisition of Hogg Robinson. Significant customer, operational and financial benefits are expected. This will enable the combined group to focus on additional value creation for customers and the marketplace, while generating new efficiency and growth opportunities for the business. I am excited at the prospect of creating a truly world class travel management company using the best available talent from both Hogg Robinson and GBT. Customers and travellers will benefit from the Combined Group’s complementary geographical footprint and technology offering. This combination will unlock meaningful value for all stakeholders.”

HRG has also announced that it will sell its software-as-a-service technology business, Fraedom, to Visa for £141.75 million, which is expected to be completed by March 2018.

American Express GBT values HRG’s total shares between £376 million and £410 million.

HRG was number two on our list of the 50 Leading TMCs in 2017, with annual sales estimated at £1.12 billion, while American Express GBT was number three with estimated annual sales of £865 million.

More Travel Management
Related
People on the moveTalma expands US presence with majority stake in Solutions Travel
Amex GBT sees ‘faster recovery’ from omicron waveAmex GBT expects slower growth in transactions in 2025
People on the moveKayak for Business selects Altour as TMC partner

SPONSORED CONTENT

Cathay Pacific: Elevating Your Business Travel Experience
Cathay Pacific: Elevating Your Business Travel ExperienceBy Cathay Pacific

As business travel accelerates, Cathay Pacific remains a leader, delivering seamless, end-to-end... KEEP READING

Experience brilliantly different
Experience brilliantly differentBy Virgin Atlantic and Delta Air Lines

with Virgin Atlantic and Delta Air Lines... KEEP READING

What we’re doing to make travel more accessible
What we’re doing to make travel more accessibleBy United Airlines

United Airlines is the largest airline in the world by available seat miles, offering flights to more... KEEP READING

More Travel Management

Talma expands US presence with majority stake in Solutions Travel
Amex GBT expects slower growth in transactions in 2025
Kayak for Business selects Altour as TMC partner
Flight Centre feels financial impact from US policies

VIEW ALL
  • Most Read
  • Most Shared
  1. Finnair to cancel 140 flights on Friday due to industrial action
  2. Concur to enable carbon budgets in Q3
  3. Airlines suspend Tel Aviv flights after missile strike
  4. Kayak for Business selects Altour as TMC partner
  5. HRS Green Stay updates set to increase hotel participation
  1. Talma expands US presence with majority stake in Solutions Travel
  2. Travel Counsellors for Business expands business development team
  3. US hotel bookings fall nearly 8% in Q1, says HotelHub
  4. Sabre adds Air France-KLM NDC content
  5. Amex GBT expects slower growth in transactions in 2025
Business Travel News EuropeBusiness Travel News Europe
  • About us
  • Contact us
  • Advertise
  • EDITORIAL CALENDAR
  • Business Travel Show Europe
  • Business Travel News Europe on X
  • BTN Europe on LinkedIn
  • BTN Europe on Facebook
BUSINESS TRAVEL NEWS EUROPE
NORTHSTAR TRAVEL GROUP
Business Travel News Europe
  • About us
  • Contact us
  • Advertise
  • Editorial calendar
  • Editorial guidelines
  • Subscribe to BTN Europe
  • Subscribe to BTN U.S.
  • Subscribe to Travel Procurement
  • Privacy policy
  • Terms & conditions
Northstar Travel Group
  • Corporate travel
  • Business Travel Show
  • Business Travel Awards
  • BTN U.S.
  • The Beat
  • Travel Procurement

  • Travel Technology
  • Travel Tech Show
  • Phocuswire
  • Phocuswright
  • Intelliguide
  • Meetings & incentives
  • M&IT
  • AMI
  • ConventionSource
  • M&IT Awards

  • Retail travel
  • Travel Weekly
  • Travel Pulse

  • Northstar Travel Group
  • View all Northstar brands
BTNGroup
Business Travel News EuropeBusiness Travel NewsTravel ProcurementThe BeatBusiness Travel Show Europe
Northstar Travel Group
Copyright ©2025, Northstar Travel Media Ltd, New London House,172 Drury Lane, WC2B 5QR
RRManagement rrtestprocurement