Atpi - Buys Griffin

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

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

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

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. Evolution of the Brand Following the acquisition, the