CWT COMPLETES ORMèS ACQUISITION

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Carlson Wagonlit Travel (CWT) has announced the acquisition of Ormès, a French corporate meetings and events agency, forming CWT Meetings & Events and Ormès.

Floyd Widener, senior vice president, CWT Meetings & Events global (pictured) said: “Today, events are a priority for brands, and we have the global experience and expertise, creativity and financial discipline to positively impact clients’ meetings and events programmes.

He said the acquisition demonstrates CWT’s commitment to the market and positions the firm well for future growth.

“Clients of both companies will benefit from our strong creative culture, combined with consistent account management across the business,” he added.

The 150-strong company, which grew 20 per cent between 2013-2014, was acquired for an undisclosed sum.

Michel Dutertre, Ormès chairman, has been appointed to lead the integration of the two companies.

“Ormès and CWT have always shared a common market vision, and our size, areas of expertise and corporate values have naturally brought us together,” said Dutertre.

“The loyalty and trust which customers place in our team is our most valuable asset, and this, combined with the enthusiasm of our teams, is the best guarantee of success.”

As a leader in the French corporate meetings and events industry, the organisation will continue to offer all areas of event creation and production and strategic meetings management, ranging from small meetings to large, high value events.

Image: Carlson Wagonlit Travel