BCD M&E consolidates all European acquisitions

BCD M&E will bring all acquisitions under one name from January 2019, including Grass Roots Meetings & Events.

David Taylor, managing director of Grass Roots.
David Taylor, managing director of Grass Roots.

The developments over aquisitions comes after Grass Roots M&E UK was purchased by BCD Meetings and Events in December 2017, posted an increase in operating profit with 35% to almost £1.5 million.

The Strategic Meetings Management and Delegate Management turnover of the UK business increased from £8.9 million to £9.3 million for the year ending 31 December 2017.

Including the UK and Switzerland, which has been managed from the UK, the turnover has grown with 10% whereas EBITDA doubled.

David Taylor managing director Grass Roots said: "Our final year of trading as Grass Roots M&E has been enormously encouraging and successful on a number of different levels, turnover has increased and both staff and client retention has been exceptional which is incredibly positive.

"Moving forward I’m very excited about integrating with BCD M&E and I am not alone, I see this positivity throughout the business and speaking to clients across the globe they’re also enthusiastic about what we can now deliver for them."

The acquisition of Grass Roots M&E provides BCD Meetings and Events with a wider reach across the globe and enhances BCD Meeting and Events’ commitment to delivering client-centric solutions.

Both organisations share a complimentary client base as well as similar cultures and values, meaning the integration process has enabled greater personal growth and development for the 1,450 plus global employees.

Geert Jan Jongeneel, Global CFO and managing director EMEA at BCD Meetings and Events commented, "The Grass Roots acquisition supports BCD Meetings and Events’ strategy of providing tailored products and services designed to deliver on the exacting needs of our broad client base.

"We’ve placed a focus on offering innovative global technology solutions to our new joint client base and on expanding integrated delegate management solutions, thereby providing a truly integrated end-to-end solution to support clients.

"Over the last 12 months we have transitioned the two organisations, learning best practices from each other and we are now very excited at the new opportunities that our one voice brings for 2019 and beyond."

BCD M&E employs more than 1,450 people across 50 countries.

For more features and breaking news sign up to C&IT Magazine's daily Newstracker here.

Have you registered with us yet?

Register now to enjoy more articles
and free email bulletins.

Register now
Already registered?
Sign in
George P. Johnson announces two new senior hires

George P. Johnson announces two new senior hires

The agency continues to invest in leadership to support the development of its creative teams.

Brisbane lands Flight Centre's Global Gathering

Brisbane lands Flight Centre's Global Gathering

Brisbane has been selected to host one of the world's largest travel industry conferences, bringing a (AUD) $7 million economic boost.

Expert reveals UK's top 7 steam railway journeys

Expert reveals UK's top 7 steam railway journeys

Vintage trains in Scotland, England and Wales all make the list, offering groups a quirky and luxurious way to travel.

10 destinations to reach without flying

10 destinations to reach without flying

A list of places that can be reached using greener alternatives to air travel.

Business traveller habits revealed in new research

Business traveller habits revealed in new research

Smartphones are having a significant impact on business travel, according to a CWT poll.

How to tackle the rising issue of delegate stress

How to tackle the rising issue of delegate stress

There are lots of ways to remove the core stress triggers of certain delegates.

The rise of the 'super incentive'

The rise of the 'super incentive'

In a crowded market, a new level of incentive trip can make you stand out from the crowd, says TAG's Sam Robson.

Fresh Meet: 'Our aim is not global domination'

Fresh Meet: 'Our aim is not global domination'

Directors of brand new events agency, Meet, explain why they wanted to start a new venture and share their immediate plans.

'Stress and burnout' are challenges we need to tackle

'Stress and burnout' are challenges we need to tackle

Event Concept's Jo Higgs explains why looking after your people is so important and how training mental health first-aiders could help.

Case study: Leon Winter Award Celebration

Case study: Leon Winter Award Celebration

The event at Hawker House in London tied in perfectly with the fast-food chain's innovative approach.

LATEST JOBS