Flight Centre acquires UK meetings and events agency Fresh Approach
The news: Travel group Flight Centre has acquired UK meetings and events (M&E) agency Fresh Approach for an undisclosed fee.
The numbers: Fresh Approach was established in 2004 and employs around 65 people. It is forecast to deliver GBP18 million ($34 million) in turnover and GBP1.2 million in EBITDA for FY26.
Flight Centre said the acquisition helps expand its addressable markets beyond traditional travel management, with almost 10% of its current corporate sector revenue generated via M&E and professional services during the first half of FY26.
The context: Fresh Approach will integrate into Flight Centre’s M&E operation, with chief executive Lee Harris and the rest of the management team continuing to run the business across offices in Manchester and Edinburgh.
What they said: “Fresh is a quality business, with a strong market reputation and blue-chip client roster, that elevates our position in an attractive sector and gives us broader capability to support our corporate customers,” said Flight Centre’s managing director Graham Turner.
“With Fresh’s addition, we can deliver a fully integrated M&E offering in the UK, reduce reliance on external suppliers and capture more value within the group.”
The source: ASX