Global provider of travel and expense management solutions, ATG Travel Worldwide, has finalised its acquisition of CWT’s business travel operations in Germany.
This strategic move strengthens the company’s footprint in a key European market and aligns with its long-term global growth strategy.
“Welcoming our new teammates and customers marks an exciting next chapter for our business in Germany,” said Torsten Krings, President of ATG Travel Worldwide.
“Our goal is to ensure continuity for our employees and customers; maintaining the trusted relationships and results our customers depend on, while enhancing them with ATG’s people first focus, innovation, and high-touch service.”
The acquired entity will be known as ATG Business Travel Management, GmbH and operate as a separate entity, focused on the German market.
“The German operation will operate completely autonomously, and enjoy the benefits that come from local leadership, local controls, decisions and financials,” said Peter Ashworth, Managing Director, ATG Business Travel Management, GmbH.
ATG has experienced success with its existing ATG Travel Deutschland, GmbH, based in Frankfurt, which will continue to operate as a separate, sister entity.
ATG, which already operates in over 150 countries, is now positioned to deepen its presence within Germany’s business travel ecosystem, tapping into enhanced local expertise and client relationships. The acquisition underscores ATG’s sustained investment in its German operations and commitment to scalable, value-driven expansion.
