Amex in Banks Sadler takeover

Business Events News - - News -

AMER­I­CAN Ex­press Global Busi­ness Travel (GBT) has signed an agree­ment to ac­quire Banks Sadler, an in­ter­na­tional event man­age­ment agency head­quar­tered in London.

The com­pany will op­er­ate as part of Amer­i­can Ex­press Meet­ings & Events, and is ex­pected to be for­mally fi­nalised by Q3 of 2017.

Issa Jouaneh, snr vp & gm of Amer­i­can Ex­press Meet­ings & Events, said the ac­qui­si­tion was a strate­gic move for his or­gan­i­sa­tion.

He said with Banks Sadler be­ing one the most re­spected M&E brands, combining with Amer­i­can Ex­press Meet­ings & Events would ben­e­fit clients with an ex­panded value propo­si­tion.

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