SINGAPORE, 13 February 2024 – ComfortDelGro Corporation Limited (SGX: C52) (“ComfortDelGro” or, “the Group”) today announced that its wholly-owned subsidiary CityFleet Networks has acquired CMAC Group (CMAC), a UK-based ground transport management and accommodation network specialist for £80.2 million (S$135.4m).

CMAC has an extensive network of approved and certified suppliers to provide aroundthe-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. Through its Suntransfers brand, CMAC also manages private and ride-share transfers to over 500 airports, bus and train stations, and ports worldwide.

ComfortDelGro’s Managing Director / Group CEO, Mr 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.”

Mr 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.”

“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, Mr Mark Greaves.

With the acquisition of CMAC Group, ComfortDelGro now provides mobility services in 12 countries worldwide.