American Express Global Business Travel (GBT) has announced the completion of its acquisition of Finland-based travel management company SMT, from Finnair.
SMT had been an important part of GBT’s Travel Partner Network for 27 years and the acquisition, GBT says, is designed to enhance GBT’s service and capabilities in the Nordics.
Elyes Mrad, GBT’s managing director EMEA, described the move as “exciting for our business, and for our customers in Finland and beyond”.
“As we come together as one company we welcome the dedicated SMT employees and look forward to achieving great things together for years to come,” Mrad added.
SMT was formed in 2013 after the merger of the two largest Finnish-owned business travel agencies, Area Travel Agency and Finland Travel Bureau.
SMT MD Kirsi Paakkari will continue to manage the SMT business and said: “SMT’s main strategic objective is to be the leading provider of corporate travel services and meetings and events in Finland. Joining GBT will accelerate our progress toward that objective. Our dynamic business style, combined with GBT’s resources, will make us a powerful and effective business travel partner for companies across Finland.”
GBT currently boasts 12,000 employees and operations in over 100 countries.