American Express Global Business Travel acquires DER BT

American Express Global Business Travel (GBT) has completed the acquisition of DER Business Travel (DER BT).Elyes Mrad, GBTs senior vice president and managing director, International, says GBTs scale and world-class technology combined with DER BTs expertise and relationships in Germany creates a new and stronger value proposition for German businesses.He said: “DER Business Travel has been a highly-regarded travel management company in Germany for many years. The acquisition expands GBT’s footprint into the small and mid-sized client segment in Germany and is positive news for DER BT’s clients. While they will continue to benefit from local servicing expertise, access to GBT’s global reach, scale and end-to-end travel and expense eco-system will bring many opportunities.”