Amex in Banks Sadler takeover
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.