Leading global travel management company BCD Travel has acquired the business travel and meetings and events activities of its long-time Milan-based partner in Italy, Ventura Spa. The acquisition results in a newly formed company, BCD Travel Italy, offering MICE consolidation services.
“We’re thrilled to announce the acquisition of Ventura Spa’s business, from our long-time BCD partner,” said Stewart Harvey, president of EMEA for BCD Travel. “Part of our ongoing global growth strategy is to pursue investments that benefit our clients and staff, endorse our strategic direction and benefit our corporate culture. Together we look forward to the development of the many opportunities both in this key European market and globally.”
“In line with global growth strategy.”
Founded in 1977, Ventura Spa became a BCD Travel partner in 2006. With annual sales of around USD 400 million and a workforce of 380, BCD Travel Italy will maintain its offices in Milan, Florence, Turin, Treviso and Guardiagrele. Davide Rosi, managing director of BCD Travel Italy will continue in his current role and report to Harvey.
The business acquisition is the latest in a series of investments BCD has made in recent years to grow business, extend its global network and help businesses leverage the latest innovations for their travel programmes.