Hogg Robinson Group PLC HOGG ROBINSON ACQUIRES DIGITAL TRAVEL INNOVATOR (0362G)

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RNS Number : 0362G

Hogg Robinson Group PLC

24 May 2017

24 May 2017

HOGG ROBINSON GROUP PLC

HOGG ROBINSON GROUP ACQUIRES DIGITAL TRAVEL INNOVATOR

Hogg Robinson Group announces that it has entered into an agreement to acquire the digital travel innovator eWings.com, a next-generation travel management company. The acquisition is expected to complete within the next 15 working days.

A totally online offering, eWings.com provides a fast and easy-to-use solution for digital business travel with a quick to start process and low cost service model which is especially well suited to small businesses that require a simplified digital service.

Commenting on the acquisition Bill Brindle, CIO of Hogg Robinson Group, says: "eWings.com provides us with a developed solution as well as some great new technology which is highly complementary to our own proprietary technology and will fit perfectly with our platform."

Brindle continues: "In addition to being an exciting new approach to fast and easy business travel, eWings.com gives us a speed to market advantage in the small business space and means we can accelerate our new distribution strategy across the whole market."

Operating currently in Germany, eWings.com has the same Omni-Channel capability being developed by Hogg Robinson Group-owned HRG for its global corporate clients and there will be both technology advantages and synergies which will flow easily between the teams.

Bill Brindle concludes: "There will be no immediate change for clients, partners and staff, and it will be very much business-as-usual for eWings.com and HRG as the teams work towards the technology opportunities and new client advantages that this exciting acquisition brings."

This announcement contains inside information

ENDS

For further information contact:

 
                                     [phone] 
 Hogg Robinson Group                  600 
 Bill Brindle, Chief information 
  Officer 
 Angus Prentice, Head of Investor 
  Relations 
 
                                     [phone] 
 FTI Consulting                       1340 
 John Waples 
 Alex Le May 
 

Notes to Editors

Hogg Robinson Group plc is a leading global B2B services company specialising in travel, payments and expense management. We help companies, governments and financial institutions manage and control their expenditure. We combine high-quality service delivered by experienced staff with the very latest digital solutions based on our own technology. Our aim is to provide superior service and technology solutions that add real value to our clients and meet their unique requirements. Established in 1845, Hogg Robinson Group today consists of two market-leading and dynamic divisions - Fraedom, our FinTech business and HRG, our global travel management business. Our brands are seen across 120 countries where we provide innovative technology and superior services that add real value to our clients.

www.hoggrobinson.com

This information is provided by RNS

The company news service from the London Stock Exchange

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May 24, 2017 02:01 ET (06:01 GMT)