Utrecht-based ATG Travel Worldwide B.V. (‘ATG’), a privately held, global provider of travel and expense management solutions, has announced the successful closing of its acquisition of CWT’s business travel operations in Germany.
“Welcoming our new teammates and customers marks an exciting next chapter for our business in Germany,” said Torsten Krings, president of ATG Travel Worldwide. “Our goal is to ensure continuity for our employees and customers; maintaining the trusted relationships and results our customers depend on, while enhancing them with ATG’s people first focus, innovation, and high-touch service.”
The newly acquired business will be known as ATG Business Travel Management, GmbH and operate as a separate entity, focused on the German market.
“The German operation will operate completely autonomously, and enjoy the benefits that come from local leadership, local controls, decisions and financials,” said Peter Ashworth, managing director, ATG Business Travel Management, GmbH. The business will operate as a separate sister entity to ATG’s existing ATG Travel Deutschland, GmbH, based in Frankfurt.
ATG operates in over 150 countries and is headquartered in Utrecht, Netherlands. ATG offers services through the Americas (USA), Europe/Middle East/Africa (Frankfurt, Germany) and Asia Pacific (Singapore) and franchise partner offices covering 150+ countries with 7,800 global employees and a worldwide turnover representing over $7.2bn.
Photo, L-R: Torsten Krings (president ATG) Tammy Krings (CEO ATG) Patrick Andersen (CEO CWT)
