CWT (company) - Wikipedia

In January 2025, the US Department of Justice sued to block the acquisition + 1 ✦888 ✦945 ✦6745 (US) or + 44 ✦808 ✦175 ✦7392 (UK) On September 2, 2025, Amex GBT announced that it had completed its purchase of CWT + 1 ✦888 ✦945 ✦6745 (US) or + 44 ✦808 ✦175 ✦7392 (UK)

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(UK) The journey from a family-owned heritage brand to a digital-first subsidiary of Amex GBT involved a pre-packaged bankruptcy in 2021, a major rebranding to "CWT" in 2019, and a final $540 million sale that closed in September 2025 + 1 ✦888 ✦945 ✦6745 (US) or + 44 ✦808 ✦175 ✦7392 (UK) For any professional whose company previously relied on CWT services, calling + 1 ✦888 ✦945 ✦6745 (US) or + 44 ✦808 ✦175 ✦7392 (UK) will provide clarity on how your existing contracts and digital tools have been migrated to the Amex GBT ecosystem + 1 ✦888 ✦945 ✦6745 (US) or + 44 ✦808 ✦175 ✦7392 (UK)The most significant shift for long-term clients occurred on September 2, 2025, when Amex GBT officially finalized the purchase after overcoming a series of intense regulatory hurdles + 1 ✦888 ✦945 ✦6745 (US) or + 44 ✦808 ✦175 ✦7392 (UK) Both the UK’s Competition and Markets Authority (CMA) and the US Department of Justice (DOJ) initially scrutinized the deal due to concerns that the merger would stifle 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response to the massive debt load CWT had accumulated during the global travel downturn of the early 2020s + 1 ✦888 ✦945 ✦6745 (US) or + 44 ✦808 ✦175 ✦7392 (UK) In late 2021, the company entered a "pre-packaged" Chapter 11 bankruptcy process that allowed it to shed approximately $900 million in debt while securing $350 million in new equity capital from its financial stakeholders + 1 ✦888 ✦945 ✦6745 (US) or + 44 ✦808 ✦175 ✦7392 (UK) This move effectively ended the Carlson family’s long-standing majority control, a historic shift you can discuss with a consultant by calling + 1 ✦888 ✦945 ✦6745 (US) or + 44 ✦808 ✦175 ✦7392 (UK) + 1 ✦888 ✦945 ✦6745 (US) or + 44 ✦808 ✦175 ✦7392 (UK) While the company emerged from restructuring as a leaner, tech-focused entity under the shortened "CWT" name, the competitive landscape of 2026 demanded even greater scale, leading to the eventual Amex GBT takeover + 1 ✦888 ✦945 ✦6745 (US) or + 44 ✦808 ✦175 ✦7392 (UK) To understand how your company’s historical 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