Singapore-based ComfortDelGro Corporation Limited announced that its subsidiary CityFleet Networks has acquired Accrington-based CMAC Group, a ground transport management and accommodation network specialist, for £80.2 million.
In addition to the services provided by CMAC, ComfortDelGro also owns and operates taxis and private hire vehicles through its CityFleet Networks in Aberdeen, Liverpool and the Northwest of England.
It also operates Metroline buses and Westbus coaches in London, Adventure Travel buses and coaches in Wales, as well as the Megabus, Scottish and Irish Citylink inter-city coach services.
“CMAC has an extensive network of approved and certified suppliers to provide around-the-clock specialised pre-planned and on-demand emergency passenger transport and accommodation solutions to businesses in the rail, travel, healthcare, corporate and public sectors,” said ComfortDelGro
“Its operations cover the United Kingdom, France, Spain, Portugal, Greece and the Netherlands, managing disruptions and journeys for close to three million travellers annually on behalf of airlines, ground handlers, train operators, and companies.
“Through its Suntransfers brand, CMAC also manages private and ride-share transfers to over 500 airports, bus and train stations, and ports worldwide.”
ComfortDelGro CEO Cheng Siak Kian said: “This acquisition is aligned with ComfortDelGro’s strategy to expand our point-to-point mobility services and offerings.
“As an established player in providing wide-ranging emergency passenger transport services to businesses, CMAC is complementary to our operations in the UK and Europe, allowing us to expand our business-to-business offerings in the region.
“In addition, as part of the wider ComfortDelGro Group, CMAC will be able to tap into our deep market knowledge to grow its business and reach.”
CMAC Group CEO Peter Slater said: “We are excited to be part of a growing global mobility group.
“At the same time, I’m immensely proud of CMAC’s history and achievements, which wouldn’t have been possible without our strong team, valued clients and trusted supply partner network.
“This move will allow CMAC to build on our strategy and grow alongside ComfortDelGro Group while continuing to deliver highly valued services to our customers and partners.”