Cabonline enters the Danish market and strengthens its position as a leading provider of Taxi services in the Nordics
With the acquisition of Taxi 4x27 in Denmark, Cabonline is strengthening its position as a leading provider of Taxi services in the Nordics. Taxi 4X27 has operations in Copenhagen, Aarhus, Odense, Frederikshavn, Holstebro and Sønderborg. The acquisition will add 230 transporters, with a combined total of 300 taxis, to Cabonline’s franchise model, which already has operations in Sweden, Norway and Finland.Over a 36-month period, existing as well as newly added taxis in Denmark will be granted a reduced fixed fee, which represents the purchase price for the company. Taxi 4X27 will be