Acromas Holdings
| Company type | Private limited company |
|---|---|
| Industry | Holding company |
| Founded | 18 May 2007 |
| Headquarters | , United Kingdom |
Key people | Lloyd East, CEO |
| Website | www |
Acromas Holdings is a holding company formed in May 2007[1] by Charterhouse Capital Partners, CVC Capital Partners and Permira, to act as the parent company of Automobile Association and Saga, ahead of the companies' mergers in September 2007.[2][3]
Saga became listed on the London Stock Exchange in May 2014, through an initial public offering in which Acromas sold all its shares.[4][5] The AA became listed on the London Stock Exchange in June 2014, through an initial public offering in which Acromas also sold all its shares.[6][7]
Acromas was subsequently placed in members' voluntary liquidation in April 2017.[8]
References
- ^ "Nestor Healthcare knocks back £100m approach from SAGA owner Acromas Holdings". Proctive Investors. Retrieved 5 October 2022.
- ^ "Company No. 06252766". Companies House WebCHeck. Retrieved 14 November 2009.
- ^ Goodman, Matthew (23 September 2007). "Equity windfall for Saga and AA staff". The Sunday Times. Times Newspapers Ltd. Archived from the original on 12 June 2011. Retrieved 14 November 2009.
- ^ Jones, Sarah (23 May 2014). "Saga IPO Raises $928 Million, Shares at Bottom of Range". Bloomberg Business. Retrieved 22 February 2016.
- ^ David, Ruth (23 June 2014). "AA Drops in First Day of Trading After $2.4 Billion IPO". Bloomberg Business. Retrieved 22 February 2016.
- ^ Macalister, Terry (6 June 2014). "AA owner accelerates IPO plan with major sell-off". The Guardian. Retrieved 10 April 2016.
- ^ David, Ruth (23 June 2014). "AA Drops in First Day of Trading After $2.4 Billion IPO". Bloomberg. Retrieved 15 September 2016.
- ^ "Acromas Holdings Limited". The London Gazette. 28 April 2017. Retrieved 28 November 2025.
External links