Wed, 23 Sep 2015 | MERGER
Two taxi companies based in Darlington have merged in order to expand business and improve their services.
ABC Taxis and 1AB Taxis will join forces in a move that will see them become the largest operator in the borough.
Together they expect to serve about 90,000 customers a month and will operate a fleet of some 100 vehicles, including minibuses available for hire.
Chris Bainbridge, director with 1AB, spoke to the Northern Echo about the merger: ”Obviously we are increasing and looking to expand from a business perspective and on improving the service offer.”
The merger should be of benefit for both firms, who have previously been long-term rivals in the Darlington area. It will see Stuart and Christopher Mason, the directors of ABC, join 1AB as both directors and shareholders and the companies coming together to operate from offices in Telford House in Darlington.
1AB taxis was established in the area in 1983 and has followed a gradual route to expansion catering for clients on both business and leisure.
The news comes as taxi companies across the country are being put under pressure by the disruptive force of Uber.
Read our subscriber-only article, Buying into Disruption.
Or view the latest businesses for sale
The company offers an aluminium design, fabrication and installation service, specialising in aluminium windows, doors and curtain walling systems. The company works closely with a number of prestigious suppliers and subcontractors in order to provid...
The company provides a diverse range of solutions to clients across the healthcare sector, including temporary staffing, supported living, and complex care. To complement its core services, the business has developed its own app, enabling healthcare...
The company offers the hire of a wide range of high-quality, modern plant, access, and tools regionally. Priding itself on its outstanding customer service and large, loyal client base, the company also provides training for IPAF courses through an e...
15
|
Jan
|
Data consultants Ometis and Tahola in M&A deal | BUSINESS SALE
Data consultancy Ometis Limited has bought peer Tahola Limit...
15
|
Jan
|
JS Air Curtains completes management buy-out | MBO/MBI
West Sussex-based JS Air Curtains has undergone a management...
15
|
Jan
|
Software firm Eleco buys peer PEMAC | BUSINESS SALE
AIM listed specialist software provider Eleco has bought Iri...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.