American Express Global Business Travel (GBT) last week acquired Banks Sadler, an international event management agency headquartered in London. The company will operate as part of American Express Meetings & Events, a division of GBT.

Senior vice president and GM of American Express Meetings & Events, Issa Jouaneh, says the acquisition is strategic for his organisation and a positive development for Banks Sadler and its customers.

“Banks Sadler is one of the most respected M&E brands. It brings an extensive range of services and solutions with an independent agency mindset that we will maintain and grow. Combined with American Express Meetings & Events’ leading capabilities and global footprint, our clients will benefit from an expanded value proposition,” he said.

Banks Sadler was founded in 1982 in London and has offices in York, Windsor, Paris, Dusseldorf and New York. It has approximately 250 employees. Over the last 35 years, the business and brand have established themselves among the most trusted in the marketplace. Under the leadership of Leigh Jagger, the company has expanded its service and portfolio to multiple marketplaces.