Amex GBT Finalizes Acquisition of CWT, Enhancing Travel Solutions and Customer Offerings
American Express Global Business Travel has completed its acquisition of CWT, valued at approximately $540 million. This acquisition enhances Amex GBT's travel, expense, and meetings solutions, welcoming CWT’s customers and employees. The deal is expected to generate $155 million in annual synergies within three years and improve Amex GBT’s investment capacity. CWT customers will gain access to Amex GBT’s software solutions. Updated guidance for 2025 will be provided in the next earnings call in November.
American Express Global Business Travel, operated by Global Business Travel Group, Inc., has successfully completed its acquisition of CWT, a global business travel and meetings solutions provider. The acquisition, initially announced in March 2024, values CWT at approximately $540 million on a cash-free, debt-free basis. This move welcomes CWT’s customers and employees to Amex GBT’s comprehensive suite of travel, expense, and meetings solutions. The transaction is expected to generate approximately $155 million in annual run-rate synergies within three years and enhance Amex GBT’s investment capacity for its software and services. CWT customers will now have access to Amex GBT’s proprietary travel and expense software solutions and extensive portfolio of professional services. Updated full-year 2025 guidance, reflecting the acquisition’s impact, will be provided in the company’s next earnings call in November. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Global Business Travel Group Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250902624882) on September 02, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
