Transport group Go-Ahead has boosted its car Parking business at UK airports, including Gatwick, with a £1.2 million acquisition.
Go-Ahead said the deal to buy Chauffeured Parking Services (CPS) would enhance profitability and generate savings at its car parking arm Meteor.
CPS generates an annual turnover of £2.2 million from providing parking services such as valeting and airport transfers.
The core business involves customers driving directly to the airport, where a chauffeur parks their car.
The acquisition of CPS gives Meteor a presence at Gatwick, Manchester and Birmingham airports as well as valet parking services at Heathrow.
Monday June 14, 2004
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