March 6, 2007
ComfortDelGro acquires 70% stake in Birmingham taxi company
By Tung Shing Yi,
SINGAPORE : ComfortDelGro has acquired a 70 percent stake in Birmingham taxi company, Your Taxi Limited, for some S$1 million.
The move is part of its strategy to grow its presence in the United Kingdom.
Following the acquisition, Your Taxi has been renamed Computer Cab Limited.
With a fleet of 121 cars on its radio circuit, Computer Cab has won significant corporate account business from Taxi Owners Association.
The Birmingham firm also recently acquired a private hire vehicle, Birmingham Radio Cars.
According to ComfortDelGro, Computer Cab has corporate customers based in London and Edinburgh, where ComfortDelGro also has operations.
http://www.channelnewsasia.com/stories/singaporebusinessnews/view/262154/1/.html
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