Confedent latest addition
Hotelzon, a Finnish online hotel booking agency, has bought Confedent International, a congress organiser and event management business.
It will be added to Hotelzon's existing portfolio and trade under the ne name of Confedent International.
Confedent, also based in Finland, is one of the country's largest meetings agencies, having organised hundreds of international events over the past decade.
Hotelzon has access to 90,000 hotels worldwide including an exclusive inventory in Finland, Sweden, China and the UK.
The company, founded in1972, has offices in Helsinki, Sweden and the UK with a total of 100 employees.
Its expansion has included the purchase of companies in Sweden and the UK and in 2008 it processed 1.2bn room nights.
Jani Kaskinen, Hotelzon's ceo, said: "With the merger of Hotelzon International and Confedent International, the resulting operation will provide congress organisation services in both Finland and the UK, with the intention to open a similar facility in Sweden.
"Confedent International Ltd is a truly international event management company."
Hotelzon said the merger would create synergy benefits and possibilities to expand congress management to Sweden, as well as expanding current Hotelzon event management activities in the UK.
www.hotelzon.com