Travel
Management Group (TMG) stepped in after Complete
World Travel, also based in Warwickshire, went
into administration.
TMG,
based in Leamington Spa, has acquired the corporate
travel arm of Complete World Travel, based in
Stratford-upon-Avon.
The
deal will enable TMG to further develop the
UK corporate travel side of its global business.
George
Dick, non-executive director of TMG, said: "We
are always on the look out to acquire businesses
which will fit in with ours and enable us to
grow.
"We
are delighted with this acquisition and see
it as an opportunity to develop our business
further.
"We
are now contacting all of the clients of the
corporate travel arm of Complete World Travel
to let them know that Travel Management Group
will be looking after them in the future."
TMG
is made up of five divisions - corporate, events,
leisure, sport and venues - each offering a
dedicated tailor-made service to clients.
Since
being founded in 1986, TMG has grown from a
standing start to the point where it now enjoys
PLC status, has billed in excess of £0.5
billion and has 60 employees across three locations.
|
