American Express Global Business Travel acquires SMT

The company has been a part of GBT’s Travel Partner Network for 27 years

October 31, 2016
Purchasing B2B

Helsinki, Finland—American Express Global Business Travel has announced the completion of the acquisition of SMT, a travel management company in Finland, from Finnair. SMT had been a part of GBT’s Travel Partner Network for 27 years and the acquisition will further enhance GBT’s service and capabilities in the Nordics, the company said.

“This is truly exciting for our business, and for our customers in Finland and beyond,” said Elyes Mrad, GBT’s managing director EMEA. “Organizations and companies in Finland and around the world will continue to benefit from SMT’s local expertise, in addition to our global scale and access.As we come together as one company we welcome the dedicated SMT employees and look forward to achieving great things together for years to come.”

SMT was formed in 2013 after the merger of the two largest Finnish-owned business travel agencies, Area Travel Agency and Finland Travel Bureau. The company provides travel management and meeting and event services to customers throughout Finland.

“SMT’s main strategic objective is to be the leading provider of corporate travel services and Meetings and Events in Finland,” noted SMT Managing Director Kirsi Paakkari, who will continue to manage the SMT business post-closing. “Joining GBT will accelerate our progress toward that objective. Our dynamic business style, combined with GBT’s resources, will make us a powerful and effective business travel partner for companies across Finland.”