HRG: new partner in Brazil
Wednesday, July 15, 2009 HRG's partner in Brazil has been bought by one of the largest corporate travel companies in South America, Grupo Alatur. The company will continue to be known as HRG Brasil and remains part of the HRG worldwide network. The travel management company said the deal would strengthen its position in Latin America. HRG has agreed an option to by a minority stake in Grupo Alatur and will have first refusal on any shares that become available. David Radcliffe, HRG chief executive, said: “Grupo Alatur has a great synergy with HRG’s corporate culture. It is client focussed and recognises that its staff are its greatest asset. “The level of expertise and knowledge that Grupo Alatur has in the market will provide our clients with an unparalleled level of service.” • HRG reports £24.7m profits (28 May 2009) • HRG snatches back contract from Amex (27 Mar 2009) |
RELATED ARTICLES Non-profit organisations lose out on travel savings > TMC to close Liverpool office > BCD announces new Greek partner > Former Capita bosses launch consultancy > Analysis: Make or break for TMCs > Indie TMCs to fight big multiples for SMEs > HRG launches 'simpler' service for SMEs > HRG survey shows decline in hotel bookings > TMC scores account win in Italy > 'Be prepared for more airline failures' > Midlands Co-op to expand business travel arm > HRG boss asks staff to take unpaid leave > TMCs hit back at 'spoilt brats' slur > Travel Counsellors sees business growth > FCm events division in merger deal > Travel boss enters 'time-wasting' debate > Comment: Managing travel during the downturn > Corporates: time-wasting attack misguided > |
|||||
