American Express GBT completes SMT acquisition

American Express Global Business Travel (GBT) announced today that it has finalised its acquisition of SMT, a leading travel management company in Finland.

GBT managing director Elyes Mrad
GBT managing director Elyes Mrad

This follows the  announcement in May this year that the acquisition was to go ahead in the final quarter of 2016. SMT was previously a subsidiary of Finnair and has been a vital part of GBT’s Travel Partner Network for 27 years.

SMT provides travel management and meetings and events services throughout Finland. The acquisition will enhance GBT’s service across the Nordics.

 


 

More on AMEX:

American Express GBT acquires Finnish corporate travel agency

AMEX Global Business Travel acquires French tech company

 


 

GBT’s managing director EMEA, Elyes Mrad, said: "This is truly exciting for our business, and for our customers in Finland and beyond. Organisations and companies in Finland and around the world will continue to benefit from SMT’s local expertise, in addition to our global scale and access. 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."  

The current SMT managing director Kirsi Paakkari, who will continue to run the business, 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."

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