The purchase is part of Expotel’s conference and events growth strategy, which included the acquisition of the online business, LateMeetings.com, twelve months ago.
Venues Event Management will continue to trade under its existing brand name and operate in Swindon, adding a southern base to Expotel’s existing offices in Manchester, Stockport, Leeds and Glasgow.
‘’We have been looking for a strong outfit to take our conference and events business to the next level and Venues Event Management is a perfect fit," said Expotel CEO Ian Burnley.
"The combination of the Venues Event Management and Expotel and LateMeetings activities more than doubles the size of our meetings and events business and creates a powerful market-leading presence."
This latest acquisition is Expotel’s fourth following its management buyout in 2008.
The group is looking to continue to develop in the hotel and business travel, conference and events and online services sectors with further acquisitions.
"We are aiming for market leading positions: we believe we are the number one ranked hotel booking agency and are now around the top five in the conference and events market," added Burnley.
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