Acquisition Updates

Read the latest on our acquisition by FCM

This page shares the latest publicly available information on our acquisition by FCM. If you have any comments or questions about this process, please send them to your Casto contact or send them to us via our contact form.

On this page:
→ Press Release
→ Update January 30, 2019
→ Contact Form

Press Release

You can view our joint press release with FCM (December 21, 2018) on our website at:

Update January 30, 2019

Our acquisition by FCM is moving forward as previously mentioned.

In our goal to provide the best of class solutions offered by FCM, we need to undertake a system-wide upgrade. This will be conducted in phases to minimize impact with the first one to occur on February 1, 2019.

During the course of our upgrades some travelers may encounter short delays in processing times. We have made adjustments to our staffing in order to minimize these delays and wait times.

For those who use a travel expense software (like Concur), we do not expect any issues aside from some supplier contracts potentially not functioning as intended. We are actively working with travel suppliers to update all contracts in order to minimize any negative effects from this transition.

Throughout the transition, we will keep you informed of anything major that could affect your travelers. If you have any questions or concerns, please feel free to reach out to anyone at Casto.

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