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American Express Global Business Travel has acquired New York-based Ovation
Travel Group, the parent company of Ovation Travel, Lawyers Travel and, in the UK, Chartwell Travel, the travel management company announced on Thursday.
The
purchase by GBT is a major move in what could well be an active mergers
and acquisitions environment in 2021 for travel management companies.
Financial terms of the deal were not disclosed.
Ovation Travel Group and its employees will
become a division of GBT s global customer partnerships organisation and will continue to be led by Ovation chairman and CEO Paul Metselaar and
the current executive team.