An East Midlands taxi firm has bought out a West Midlands rival.
Loughborough-based ADT TAXIS – which is part of the TAKE ME Group – has added Birmingham-based TC Cars to its growing portfolio.
ADT managing director David Hunter said his company had at least three more acquisitions in the pipeline, which he said would be announced in the near future.
He said all new acquisitions were being rebranded unto the TAKE ME name.
He said the deal, valued at more than £2 million, differed from earlier acquisitions in that it was not being funded by venture capitalist MBH Corporation, but using his own money and business investors.
However he said future Take Me acquisitions
link source - Business Live News