Acromas Holdings

Acromas Holdings Ltd

Company type| Private limited company
Industry| Holding company
Founded| 18 May 2007
Headquarters|

Folkestone, Kent

United Kingdom

Key people

| Lloyd East, CEO
Website| www.acromas.com

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]

Acromas listed Saga on the London Stock Exchange through an initial public offering (IPO) in May 2014, followed by The AA in June that year.[4][5]

## References

[edit]

1. ^ "Nestor Healthcare knocks back £100m approach from SAGA owner Acromas Holdings". Proctive Investors. Retrieved 5 October 2022.
2. ^ "Company No. 06252766". Companies House WebCHeck. Retrieved 14 November 2009.
3. ^ 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.
4. ^ Jones, Sarah (23 May 2014). "Saga IPO Raises $928 Million, Shares at Bottom of Range". Bloomberg Business. Retrieved 22 February 2016.
5. ^ David, Ruth (23 June 2014). "AA Drops in First Day of Trading After $2.4 Billion IPO". Bloomberg Business. Retrieved 22 February 2016.

## External links

[edit]

* Companies portal

* Official website

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