ComfortDelGro unit acquires UK-based CMAC Group for $135.4m
CMAC is a ground transport management and accommodation network specialist.
CityFleet Networks, ComfortDelGro’s wholly-owned subsidiary, has acquired UK-based ground transport management and accommodation network specialist CMAC Group for $135.4m.
Following the acquisition of CMAC, ComfortDelGro now has mobility services in 12 countries worldwide.
CMAC’s operations cover the United Kingdom, France, Spain, Portugal, Greece and the Netherlands, managing disruptions and journeys for about three million travellers annually on behalf of airlines, ground handlers, train operators, and companies.
Through its Suntransfers brand, CMAC manages private and ride-share transfers to over 500 airports, bus and train stations, and ports worldwide.
“The acquisition of CMAC means we not only achieve a meaningful expansion of our footprint in the UK and entry into several new countries in Europe but also acquire an extensive network of transport operators, strengthening our point-to-point transport solutions as well as growing our customer base,” said ComfortDelGro’s Chairman, Mark Greaves.