The owners of Cambridge Business Travel have announced that they have concluded an agreement for Gray Dawes Travel (www.gray-dawes.co.uk) to acquire the business of CBT.
Headquartered in Colchester, Essex with offices in London, Leamington Spa and Amersham, Gray Dawes is one of the longest established (1927) and largest independent travel management companies in the UK. Together with the business of CBT, annual sales in 2017 will exceed £100m
The company will continue to trade as Cambridge Business Travel from the existing offices and customers will continue to be serviced by their existing CBT travel specialists.
Stuart Scott, joint Managing Partner at Cambridge Business Travel commented ‘CBT has reached a point where both our customers and employee team will benefit from the scale and resources that Gray Dawes has at its disposal. We are excited about the path on which CBT will now travel and the enhanced product and service opportunities that this will bring to our customer base.’
Suzanne Horner, CEO of Gray Dawes added 'I am delighted to have the customers and staff of CBT joining us. This is an exciting time for our business. Our new scale and global reach (through our membership of the Radius Travel network) means ever increasing benefits to our customers through access to greater travel content, specially negotiated rates from suppliers and technology innovation.'
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