Hogg Robinson Group PLC HOGG ROBINSON ACQUIRES DIGITAL TRAVEL INNOVATOR (0362G)
24 May 2017 - 4:01PM
UK Regulatory
TIDMHRG
RNS Number : 0362G
Hogg Robinson Group PLC
24 May 2017
24 May 2017
HOGG ROBINSON GROUP PLC
HOGG ROBINSON GROUP ACQUIRES DIGITAL TRAVEL INNOVATOR
Hogg Robinson Group announces that it has entered into an
agreement to acquire the digital travel innovator eWings.com, a
next-generation travel management company. The acquisition is
expected to complete within the next 15 working days.
A totally online offering, eWings.com provides a fast and
easy-to-use solution for digital business travel with a quick to
start process and low cost service model which is especially well
suited to small businesses that require a simplified digital
service.
Commenting on the acquisition Bill Brindle, CIO of Hogg Robinson
Group, says: "eWings.com provides us with a developed solution as
well as some great new technology which is highly complementary to
our own proprietary technology and will fit perfectly with our
platform."
Brindle continues: "In addition to being an exciting new
approach to fast and easy business travel, eWings.com gives us a
speed to market advantage in the small business space and means we
can accelerate our new distribution strategy across the whole
market."
Operating currently in Germany, eWings.com has the same
Omni-Channel capability being developed by Hogg Robinson
Group-owned HRG for its global corporate clients and there will be
both technology advantages and synergies which will flow easily
between the teams.
Bill Brindle concludes: "There will be no immediate change for
clients, partners and staff, and it will be very much
business-as-usual for eWings.com and HRG as the teams work towards
the technology opportunities and new client advantages that this
exciting acquisition brings."
This announcement contains inside information
ENDS
For further information contact:
+44 (0)1256 312
Hogg Robinson Group 600
Bill Brindle, Chief information
Officer
Angus Prentice, Head of Investor
Relations
+44 (0)20 3727
FTI Consulting 1340
John Waples
Alex Le May
Notes to Editors
Hogg Robinson Group plc is a leading global B2B services company
specialising in travel, payments and expense management. We help
companies, governments and financial institutions manage and
control their expenditure. We combine high-quality service
delivered by experienced staff with the very latest digital
solutions based on our own technology. Our aim is to provide
superior service and technology solutions that add real value to
our clients and meet their unique requirements. Established in
1845, Hogg Robinson Group today consists of two market-leading and
dynamic divisions - Fraedom, our FinTech business and HRG, our
global travel management business. Our brands are seen across 120
countries where we provide innovative technology and superior
services that add real value to our clients.
www.hoggrobinson.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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