Business continuity transport and accommodation solution provider, CMAC, has acquired managed taxi specialist Cabfind from Transdev. The acquisition expands CMAC’s ground transport offer, establishing the largest available network of private hire, executive vehicles and coaches in the UK servicing wide range of industries including rail, airline, travel management and professional services.
CMAC delivers a range of transport products and moves more than a million passengers each year, providing accommodation for thousands more. The company was established more than 11 years ago and employs 120 people across its head office in Accrington and base at Manchester Airport.
Chief executive officer of CMAC Group Steve Turner, said the acquisition is part of the company's planned growth strategy.
“There are many complementary products and services across the two companies and we look forward to supporting Cabfind’s customers with a greater focus on technological innovation and customer support, providing a seamless travel solution for customers. We’re really excited about the opportunities that the expanded group bring to our customers, suppliers and colleagues.”
The new group will have revenues in excess of £50m.
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