Atpi Buys Griffin 〈2027〉

The merger increased ATPI's workforce to over 6,300 people and expanded its footprint to more than 100 offices worldwide. Gross sales for the group were projected to rise from £720 million in 2013 to over £1.2 billion following the deal.

In 2019, to celebrate a century of experience in these specialized fields, the division was rebranded again as ATPI Marine and Energy , replacing the Griffinstone name as part of a refreshed global identity. Recent Developments atpi buys griffin

The purchase was supported by Intermediate Capital Group (ICG), which held a 50% stake in ATPI at the time. Evolution of the Brand The merger increased ATPI's workforce to over 6,300

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

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.

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