A Birmingham-based corporate travel company which works with clients such as Five Guys, Red Bull and TalkTalk has been bought out by a Spanish rival.
Click Travel has been acquired in an undisclosed deal by Barcelona-based outfit Travel Perk.
The company was founded in 1999 by chief executive James McLean and his late brother Simon who died in 2018, and handles more than £300 million in business travel spend for over 2,000 clients.
All 150 Click Travel staff in Birmingham will transfer over to Travel Perk which said the acquisition was its third and largest to date.
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Mr McLean said: “Click Travel and Travel Perk share the same mission – to reduce the cost and complexity of business travel for everyone.
“Those shared objectives, combined with the natural cultural fit between our two companies, means we are incredibly excited to bring our teams together.”
Avi Meir, chief executive and co-founder of Travel Perk, added: “We’re really excited to welcome Click Travel’s fantastic and talented team to build long-term growth and significantly expand our on-the-ground team in the UK.
“Since March last year, our strategy has been to invest massively in our product offering and in our global reach, so that we were well-positioned for the recovery when it came.
“There is no doubt that the business travel market is on track for a full recovery after the disruption of the last year.
“The meetings that matter will always happen in person and we are already seeing plenty of green shoots in our key markets.”