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Saga merged with The AA (owned by CVC and Permira) to form Acromas Holdings. [7] In July 2011, Saga acquired Allied Healthcare. On 31 January 2015, it wrote it down to zero, and then sold it, at a small net profit, to Aurelius Group in December 2015. [8] [9] [10] In May 2014, Saga Group Ltd was successfully listed on the London Stock Exchange ...
On 28 January 2015, it was announced that Saga Group was to purchase Bennetts from BGL Group for a reported £26.26m, [9] completed on 1 July 2015. [10] On 1 December 2019, Bennetts stopped trading through Saga Services Limited, changing to Bennetts Motorcycling Services Limited, remaining part of the Saga group of companies.
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.
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