Atpi Buys Griffin -

Both companies were leaders in managing complex travel for the marine, oil and gas, and offshore industries, moving personnel like crew members and technicians globally.

Following the acquisition, the two entities initially operated under the unified banner of . This brand combined the expertise of Griffin Travel with ATPI's existing marine specialist, ATP Instone , to provide a dedicated service for the shipping and energy sectors. atpi buys griffin

ATPI sought to fix geographic weaknesses, particularly in the U.S. (where Griffin generated 28% of its sales) and China , where Griffin held a successful joint venture. Both companies were leaders in managing complex travel

The story of the acquisition of Griffin Global Group in November 2014 was a pivotal moment that reshaped the specialist marine and energy travel sectors . The deal, valued at approximately £120 million , combined two of the industry's largest competitors into a global travel management powerhouse. The Acquisition Details ATPI sought to fix geographic weaknesses, particularly in

The purchase was supported by Intermediate Capital Group (ICG), which held a 50% stake in ATPI at the time. Evolution of the Brand