American Express GBT to expand coverage and services with acquisition of HRG

American Express Global Business Travel (GBT) has announced the acquisition of Hogg Robinson Group (HRG), a B2B services company specializing in travel management, in the second quarter of this year. Both companies will be able to offer customers and travelers a broader and more competitive range of products and services.

According to American Express GBT, the acquisition, which is pending antitrust and other regulatory approvals, will result in an accelerated growth of the global footprint and solutions provided by both companies, combine development and technology platforms to result in better products and services, develop synergies through the acquisition of American Express GBT and the acquisition of American Express GBT, which is pending antitrust and other regulatory approvals, and develop synergies through the acquisition of American Express GBT;

A to develop synergies through cost savings and the benefits derived from economies of scale and to take advantage of technological tools and developments to develop better products and services.

In this regard,Luis Dupuy de Lôme, general manager of American Express Global Business Travel España, says that this operation implies «a broadening of the product portfolio;This will enable us to position ourselves in a privileged position and take a step forward towards the new challenges and opportunities that the sector is facing.The complementary geographic presence of the two providers will enhance their global presence, while the technology they bring together will provide customers and travelers with an enhanced experience across the globe;an enhanced experience through end-to-end travel management solutions, including booking and expense management tools," said Doug Anderson, chief executive officer of GBT.