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Procurement

Who Bought Whom in 2020

By Dawit Habtemariam / January 05, 2021 / Contact Reporter
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BTN and The Beat wrote about the mergers and acquisitions that took place in 2020. Stories reported in The Beat will require a subscription to access.

Travel Management Companies
Corporate Travel Management acquired Travel and Transport
Corporate Travel Management acquired Corporate Travel Planners
Frosch International acquired CorpTrav 
Frosch International acquired Luxe Travel
Frosch International took a majority stake in Plaza Travel
Conlin Travel acquired Classic Travel and Suburban Travel
BCD Travel acquired Ventura Spa
Direct Travel acquired Professional Travel

Specialized Technology
American Express Global Business Travel acquired 30SecondsToFly
Flight Centre Travel Group acquired WhereTo
Rocketrip acquired by Mondee
TravelPerk acquired Albatross
Coupa Software acquired Yapta
Corporate Travel Management acquired Tramada
Capital One acquired Freebird

Transportation
Korean Air acquired Asiana Airlines
Jet Linx acquired Meridian Aircraft Management & Air Charter
Sixt acquired 10 airport locations from Advantage Rent a Car
RMA Worldwide Chauffeured Transportation acquired Addison Lee Group's North American Division

Lodging
Accor Takes Full Ownership of SBE Hospitality Group
Hamilton Hotel Partners and Pyramid Hotel Group agreed to merge
Sonesta International Hotels agreed to acquire Red Lion Hotels

Travel Risk Management
GardaWorld acquired WorldAware
Anvil Group acquired FlightSafe

Payment & Expense
TCV acquired Majority Stake in Oversight
Wex Inc. completed acquisition of eNett

Distribution
Accelya acquired Farelogix
ARC took a majority stake in NuTravel
ABC Global Services acquired CCRA International 

Associations
GBTA acquired ACTE's assets

RELATED: Who Bought Whom in 2019

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