CMAC Group (CMAC) announces that it has been acquired by ComfortDelGro Corporation (ComfortDelGro) through its wholly-owned subsidiary CityFleet Networks.
CMAC Group has operations in the UK, France, Spain, Portugal, Greece and The Netherlands, managing journeys for close to three million travellers annually on behalf of airlines and ground handlers, train operators, corporations and consumers. Through its Suntransfers brand, CMAC provides private and share-ride transfers to over 500 airports, stations and ports worldwide.
This acquisition is aligned with ComfortDelGro’s strategy to expand its point-to-point mobility services and offerings, and increases the Group’s footprint to 12 countries worldwide. In the UK, the mobility group owns and operates taxis and private hire vehicles through CityFleet Networks in Aberdeen, Liverpool and the Northwest region. 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 will remain operationally independent and led by its current senior team, including CEO Peter Slater. CMAC will continue to work with its existing and valued clients and supply partners.
Peter Slater, CEO of CMAC Group, says,
“We are excited to be part of a bigger family in Europe and globally. With our strong history, innovation expertise and team, CMAC would be growing aside with ComfortDelGro Group and will continue to deliver value to our customers and partners.
“I’m immensely proud of CMAC’s history and achievements, which wouldn’t have been possible without our fantastic team, valued clients and trusted supply partner network. I look forward to continuing our commitment to delivering a highly valued service as well as being an employer of choice.
Edward Thomas, CEO of Europe, ComfortDelGro says,
“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.”
About CityFleet Networks
CityFleet Networks Ltd operates taxi, car, and coach companies int the UK, offering market-leading ground transport solutions, providing consolidated booking, despatch, and billing to customers.
Taxi and Private Hire Vehicle operations include ComCab (Aberdeen) Ltd, ComCab (Liverpool) Ltd, Argyle Satellite Ltd in the Wirral and KingKabs in Chester with a fleet size of over 1,800 vehicles.
About ComfortDelGro Corporation
ComfortDelGro is a leading global mobility service provider committed to providing safe, reliable and innovative transportation solutions. Headquartered in Singapore, we leverage our global track record and expertise to support governments and cities in enabling inclusive, smart and climate-friendly transport systems.
We operate a total fleet size of 34,000 buses, taxis and rental vehicles, and run 210km of rail network in operation and under development, managing millions of customer journeys daily across our global operations that span eight countries - Singapore, Australia, the United Kingdom, New Zealand, China, Ireland, France and Malaysia.
Since 2019, ComfortDelGro has been included as a constituent of the Dow Jones Sustainability Indices Asia Pacific (DJSI Asia Pacific), and is the only Singapore transport company included, reaffirming our position as a sustainability leader.
The company has a Group annual revenue of S$3.8 billion and is listed on the Singapore Stock Exchange.
Find out more at www.comfortdelgro.com