Acquisition set to create 70% turnover growth for travel management firm
Good Travel Management Ltd, a Yorkshire-based travel management company, has today acquired the corporate customer base of London and South-East-based, Wexas Travel Management.
The acquisition, for an undisclosed amount, will add 70% growth to the turnover of the Hessle-based corporate travel operator and the deal sees all 21 business travel employees from Wexas joining Good Travel Management bringing its headcount to more than 50.
Kevin Harrison, MD of Good Travel Management, which is itself part of the John Good group, said: “We’ve been an admirer of Wexas’ corporate business for a number of years.
“They’re known for high quality service, delivered by a very experienced team. In an industry where the quality of people makes the difference, we believe this acquisition complements our business and aspirations perfectly.”
The newly acquired team will continue to work from their central London location, with support from Good Travel Management’s team in Hessle.
Kevin Harrison
Harrison added: “The joining of these two corporate travel teams will create benefits for both sets of customers and this acquisition reinforces our commitment to delivering the best travel service experience for customers.
“Together, we will continue to shape the future of corporate travel while leaving a positive impact on the travellers and businesses we serve.”
The John Good group business can trace its travel industry roots back to the late 1890s, at which time it was looking after passengers travelling to and from Scandinavia.
In 1946 it became one of the first travel management companies to be recognised by IATA.
The John Good Group of companies traces its origins back to 1833. The group comprises interests in shipping, logistics, warehousing, property and travel.
