Agreement with Spring Partnerships UK LLP
03 Août 2009 - 8:00AM
UK Regulatory
TIDMWEST
RNS Number : 7076W
Western & Oriental plc
03 August 2009
3 August 2009
Western & Oriental plc
Agreement with Spring Partnerships UK LLP
("Spring Partnerships")
Western & Oriental plc, the specialist luxury travel group, today announces a
two year commercial agreement with Spring Partnerships. Under the terms of the
agreement Western & Oriental subsidiary, W&O Events Limited, will operate all
the event logistics activity of Spring Partnerships.
Spring Partnerships is a performance and management consultancy business that
provides high performance leadership, team, and management coaching services. It
also delivers conference content management services to clients. Spring
Partnerships has over the past 6 years established a reputation for high quality
incentive and conference logistics. Going forward, Spring Partnerships will work
with W&O Events for the delivery of this aspect of its services. With immediate
effect, Spring Partnerships has transferred approximately GBP300k of event
revenue to W&O Events and it will refer all future events logistics and event
organisation enquiries. The initial agreement is for a period of two years
during which both parties will seek to further develop the business.
David Howell, Chairman of Western & Oriental plc said: "I am delighted to
announce the agreement with Spring Partnerships. W&O Events has performed well
over the last 18 months, and this agreement is in line with our strategy to
develop the event management business. The agreement brings access to a niche
and loyal client base, which we would not have been able to reach directly. We
look forward to working with Spring Partnerships and its clients to grow these
relationships further."
Stephen Archer, co founder of Spring Partnerships commented: "This is an
excellent arrangement with W&O Events which ensures a continued level of
excellent service to our clients and allows Spring Partnerships to focus on its
consultancy and conference content business. We have been most impressed by the
skills and experience that W&O Events has to offer and we really look forward to
working with them in the future".
Enquiries:
Western & Oriental plc
David Howell, Chairman 020 7821 4078
Collins Stewart
Adrian Hadden/Ileana Antypas 020 7523 8353
Temple Bar
Tom Allison 020 7002 1080
About Western & Oriental plc
Western & Oriental is a specialist luxury travel group. The company was
admitted to trading on AIM under the ticker symbol WEST in March 2006. The
group acts as a tour operator, travel agent and conference and incentive
organiser offering a premium service for tailor-made and specialist packaged
holiday programmes to destinations worldwide. For more information on the group
and its individual luxury travel brand websites, go to
www.westernorientalplc.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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