SYDNEY-BASED TMC Concierge Travel Group has been acquired by UK-based corporate and event travel business Reed & Mackay.
The sale, involving 100% of the business, became effective on 01 Feb, and includes all of the Concierge brands along with Alquemie, Elegant Resorts & Villas and Freighter Expeditions.
Concierge was founded in 1979 as Leggett World Travel by late industry pioneer Alan Leggett (TD 03 Nov 2011), and acquired by Don Ferguson and Michael Keating in 2001 who introduced the Concierge brand.
“The business had grown to a point whereby we had to make a decision how to take it to the next level,” said the company’s Chairman, Michael Keating.
“We felt the answer was to more deeply connect into international markets, so Reed & Mackay presented a perfect opportunity,” he said.
Concierge Travel Group MD David Greenland will continue to lead the Asia-Pacific expansion of Reed & Mackay which launched in Singapore in May 2018.
Reed & Mackay Group CEO, Fred Stratford, said “Australia is an important strategic market for our business, with many clients operating in the APAC region.
“Concierge Travel Group are known for delivering service of the highest quality and I look forward to working closely with the team there to deliver a unique proposition to the market,” Stratford added.
It is expected that in time the Reed & Mackay brand will be rolled out to replace Concierge Business Travel, particularly as the company’s proprietary technology becomes available to Concierge’s corporate clients.
Concierge BT is a member of the CT Partners group, and has 45 Sydney-based staff.
Key long-term corporate clients of the business include the Australian Olympic Team.
Source: traveldaily