Both companies were leaders in managing complex travel for the marine, oil and gas, and offshore industries, moving personnel like crew members and technicians globally.
In 2019, to celebrate a century of experience in these specialized fields, the division was rebranded again as ATPI Marine and Energy , replacing the Griffinstone name as part of a refreshed global identity. Recent Developments atpi buys griffin
The story of the acquisition of Griffin Global Group in November 2014 was a pivotal moment that reshaped the specialist marine and energy travel sectors . The deal, valued at approximately £120 million , combined two of the industry's largest competitors into a global travel management powerhouse. The Acquisition Details Both companies were leaders in managing complex travel
The purchase was supported by Intermediate Capital Group (ICG), which held a 50% stake in ATPI at the time. Evolution of the Brand The deal, valued at approximately £120 million ,
The merger increased ATPI's workforce to over 6,300 people and expanded its footprint to more than 100 offices worldwide. Gross sales for the group were projected to rise from £720 million in 2013 to over £1.2 billion following the deal.
ATPI sought to fix geographic weaknesses, particularly in the U.S. (where Griffin generated 28% of its sales) and China , where Griffin held a successful joint venture.
Following the acquisition, the two entities initially operated under the unified banner of . This brand combined the expertise of Griffin Travel with ATPI's existing marine specialist, ATP Instone , to provide a dedicated service for the shipping and energy sectors.