ComfortDelGro acquires CMAC Group
ComfortDelGro‘s wholly-owned subsidiary CityFleet Networks has acquired CMAC Group, a ground transport management and accommodation network specialist for £80.2 million.
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. 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. In July last year, the business acquired Coach Hire Comparison, the coach hire quote website.
CMAC acquired the Suntransfers brand in September 2022, wihch manages private and ride-share transfers to over 500 airports, bus and train stations, and ports worldwide.
“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” – ComfortDelGro’s Managing Director/Group CEO, Cheng Siak Kian
ComfortDelGro’s Managing Director/Group 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.”
“This move will allow CMAC to build on our strategy and grow alongside ComfortDelGro Group” – Peter Slater, CEO of CMAC Group
Peter Slater, CEO of CMAC Group, 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.”
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 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.
“With the acquisition of CMAC Group, ComfortDelGro now provides mobility services in 12 countries worldwide” – ComfortDelGro’s Chairman, Mark Greaves
ComfortDelGro’s Chairman, Mark Greaves, said: “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. With the acquisition of CMAC Group, ComfortDelGro now provides mobility services in 12 countries worldwide.”