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UK-based TMC Good Travel Management has acquired the corporate travel division of Wexas Travel Management for an undisclosed amount, the company announced on Friday (1 September).
The Yorkshire-based TMC, which reported £20 million in gross UK sales in 2022 and ranked 36 in the UK in BTN Europe’s Leading TMCs 2023 report, has acquired the corporate customer base of Wexas Travel Management and will assume all 21 employees of Wexas’ London-based corporate travel team.
The move follows the TMC’s 2021 acquisition of West Yorkshire’s Company Travel and, according to Good Travel Management, will increase turnover by 70 per cent. In 2022, Wexas reported £17 million in UK sales.
Good Travel Management managing director, Kevin Harrison, 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 based in Hessle.
“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,” Harrison added.
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