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Hogg Robinson Group

Hogg Robinson Group was a corporate travel management company. It was acquired by American Express Global Business Travel in July 2018.

Hogg Robinson Group
IndustryCorporate travel management
Founded1845; 178 years ago (1845)
FounderFrancis Hogg
Augustus Robinson
Defunct19 July 2018; 4 years ago (2018-07-19)
FateAcquired by American Express Global Business Travel
HeadquartersBasingstoke, United Kingdom

History

Hogg Robinson Group was established in 1845, by brothers in law Francis Hogg, a young wine merchant, and Augustus Robinson, an insurance broker.

The partnership developed mercantile and insurance interests from offices in Birchin Lane in the City of London. Its travel business was established after World War II. By 1984, it was one of the four largest travel agency operators in the United Kingdom, and included the chains Wakefield Fortune and Blue Star, as well as the shops of Hogg Robinson.[1]

In June 1993, the retail division was sold to Airtours (later MyTravel Group). Airtours merged it with Pickfords Travel, acquired by Airtours from Pickfords in September 1992, to form Going Places (later Thomas Cook Group).[2] In 1997, new chairman Neville Bain led the sale of Hogg Robinson's transport division and the acquisition of two business travel operations. In June 1998, it acquired 51% of Hider Travel of Canada.[3]

In June 2000, chief executive David Radcliffe led a £232 million management buyout funded by Schroder Ventures (now Permira).[4] Hogg Robinson divested of various of its insurance broking businesses in 2001.[5]

In October 2006, the company expanded in Halifax, Nova Scotia.[6] In April 2007, the company expanded its office space in Charlotte, North Carolina.[7] In March 2012, the company acquired Spendvision.[citation needed] In February 2015, it was rebranded as Fraedom.[8]

In May 2017, the company acquired eWings.com, a travel management company for small to medium sized companies.[9][10] In February 2018, the company sold Fraedom to Visa Inc. for $195 million.[11] On July 19, 2018, American Express Global Business Travel acquired the company for approximately £400 million.[12][13]

References

  1. ^ Tomlinson, Alan, ed. (2006). Consumption, Identity and Style: Marketing, Meanings, and the Packaging of Pleasure. Routledge. p. 142. ISBN 9781134982493.
  2. ^ "Travel Departures: Pickfords change". The Independent. 1 January 1994.
  3. ^ Larsen, Peter Thal (24 June 1998). "Hogg Robinson shaken up". The Independent.
  4. ^ "David Radcliffe: Change is 'relentless and ugly', but it's steady as she goes in corporate travel". The Independent. 26 September 2004.
  5. ^ "Towergate acquires Hogg Robinson firms". Insurance Times. 7 June 2001. Retrieved 10 November 2022.
  6. ^ "Hogg Robinson to expand operations in Halifax". The Globe and Mail. 20 October 2006.
  7. ^ "HRG triples local office space". American City Business Journals. 4 April 2007.
  8. ^ "HRG creates Fraedom, Seekda launches platform, Epteca unveils ancillary platform, and more..." Phocuswire. 27 February 2015.
  9. ^ May, Kevin (24 May 2017). "HRG buys eWings online business travel management platform". Phocuswire.
  10. ^ Davies, Phil (24 May 2017). "HRG acquires 'digital innovator' eWings.com". Travolution.
  11. ^ "Visa Acquires Fraedom to Expand Its Global Commercial Offerings" (Press release). Business Wire. 9 February 2018.
  12. ^ "American Express Global Business Travel Completes Acquisition of Hogg Robinson Group" (Press release). American Express Global Business Travel. 19 July 2018.
  13. ^ May, Kevin (9 February 2018). "Amex GBT buys Hogg Robinson, tech integration at heart of £400M deal". Phocuswire.

hogg, robinson, group, corporate, travel, management, company, acquired, american, express, global, business, travel, july, 2018, industrycorporate, travel, managementfounded1845, years, 1845, founderfrancis, hoggaugustus, robinsondefunct19, july, 2018, years,. Hogg Robinson Group was a corporate travel management company It was acquired by American Express Global Business Travel in July 2018 Hogg Robinson GroupIndustryCorporate travel managementFounded1845 178 years ago 1845 FounderFrancis HoggAugustus RobinsonDefunct19 July 2018 4 years ago 2018 07 19 FateAcquired by American Express Global Business TravelHeadquartersBasingstoke United KingdomHistory EditHogg Robinson Group was established in 1845 by brothers in law Francis Hogg a young wine merchant and Augustus Robinson an insurance broker The partnership developed mercantile and insurance interests from offices in Birchin Lane in the City of London Its travel business was established after World War II By 1984 it was one of the four largest travel agency operators in the United Kingdom and included the chains Wakefield Fortune and Blue Star as well as the shops of Hogg Robinson 1 In June 1993 the retail division was sold to Airtours later MyTravel Group Airtours merged it with Pickfords Travel acquired by Airtours from Pickfords in September 1992 to form Going Places later Thomas Cook Group 2 In 1997 new chairman Neville Bain led the sale of Hogg Robinson s transport division and the acquisition of two business travel operations In June 1998 it acquired 51 of Hider Travel of Canada 3 In June 2000 chief executive David Radcliffe led a 232 million management buyout funded by Schroder Ventures now Permira 4 Hogg Robinson divested of various of its insurance broking businesses in 2001 5 In October 2006 the company expanded in Halifax Nova Scotia 6 In April 2007 the company expanded its office space in Charlotte North Carolina 7 In March 2012 the company acquired Spendvision citation needed In February 2015 it was rebranded as Fraedom 8 In May 2017 the company acquired eWings com a travel management company for small to medium sized companies 9 10 In February 2018 the company sold Fraedom to Visa Inc for 195 million 11 On July 19 2018 American Express Global Business Travel acquired the company for approximately 400 million 12 13 References Edit Tomlinson Alan ed 2006 Consumption Identity and Style Marketing Meanings and the Packaging of Pleasure Routledge p 142 ISBN 9781134982493 Travel Departures Pickfords change The Independent 1 January 1994 Larsen Peter Thal 24 June 1998 Hogg Robinson shaken up The Independent David Radcliffe Change is relentless and ugly but it s steady as she goes in corporate travel The Independent 26 September 2004 Towergate acquires Hogg Robinson firms Insurance Times 7 June 2001 Retrieved 10 November 2022 Hogg Robinson to expand operations in Halifax The Globe and Mail 20 October 2006 HRG triples local office space American City Business Journals 4 April 2007 HRG creates Fraedom Seekda launches platform Epteca unveils ancillary platform and more Phocuswire 27 February 2015 May Kevin 24 May 2017 HRG buys eWings online business travel management platform Phocuswire Davies Phil 24 May 2017 HRG acquires digital innovator eWings com Travolution Visa Acquires Fraedom to Expand Its Global Commercial Offerings Press release Business Wire 9 February 2018 American Express Global Business Travel Completes Acquisition of Hogg Robinson Group Press release American Express Global Business Travel 19 July 2018 May Kevin 9 February 2018 Amex GBT buys Hogg Robinson tech integration at heart of 400M deal Phocuswire Retrieved from https en wikipedia org w index php title Hogg Robinson Group amp oldid 1121069648, wikipedia, wiki, book, books, library,

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