Acromas Holdings

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Acromas Holdings Ltd
Private limited company
Industry Holding company
Founded 18 May 2007
Headquarters Folkestone, Kent, UK
Key people
Andrew Goodsell, CEO
Website www.acromas.com

Acromas Holdings is the parent company for the merged Automobile Association and Saga Group. The company was formed in May 2007, ahead of the merger the following September.[1][2]

The company also owns Drakefield Insurance, which the AA acquired in May 2007 and the British School of Motoring which was acquired for £1 after BSM went into receivership at the end of January 2011.

It owns Allied Healthcare, formerly Allied Medicare Limited, a provider of private nursing and primary care services with 140 branches across the United Kingdom which was acquired in 2011. Its Homecare Independent Living Group division has a strong presence in Ireland.

Acromas is expected to IPO Saga in 2014.[3]

The AA was floated on the London Stock Exchange in 2014.[4]

References

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