Cabonline acquires Ring Taxi in Norway

Norgestaxi, part of the Cabonline Group, acquires Ring Taxi in Ålesund and thereby strengthens its presence in north western Norway.

With the acquisition, Ring Taxi in Ålesund becomes part of the Nordic region's largest taxi company Cabonline. Today Norgestaxi is present in Oslo, Bergen, Trondheim, Stavanger, Drammen and Kongsberg. Norwegian manager Dag Kibsgaard-Petersen comments on the acquisition: 

- An establishment in Ålesund has long been high on our wish list, so it is very gratifying that we can start the new year and offer modern and safe taxi services to a greater extent in north western Norway.

Norgestaxi is the country's largest provider of taxi services in the public sector, i.e. school transport and other travel services. The procured agreements accounts for almost half of Cabonline's operations in the Nordic region and, together with company agreements and offers to private customers, constitutes a broad and solid business foundation for connected transporters and drivers.

- The market for taxi services is changing. We want to drive development in the industry with expertise, technology, product development and sustainability as cornerstones, says Dag Kibsgaard-Petersen, CEO Cabonline Norway.

- The acquisition in Norway further strengthens our position and is part of our efforts to broaden our range and presence in the Nordic market, says Peter Viinapuu, CEO Cabonline Group.

For further information, please contact:
Dag Kibsgaard-Petersen, CEO Cabonline Norge, tel +47 400 11 981
dag.kibsgaard-petersen@cabonline.com

Cabonline press service, +46 70 456 58 07, press@cabonline.com

About Cabonline:
Cabonline is the leading taxi company in the Nordic region with 3,000 connected taxi firms and approximately 5,700 vehicles in Sweden, Norway, Finland and Denmark. Cabonline contains a series of well-known brands, such as TaxiKurir, Norgestaxi, TOPCAB, Kovanen, Taxi Skåne, Taxi Väst, Umeå Taxi, Sverigetaxi and Taxi 4x27. Through Cabonline, taxi firms have access to attractive customer agreements, support from industry-leading technological development and utilization of economies of scale, efficient service and a shared infrastructure. The Group has revenue of approximately SEK 6.5 billion and performs about 45,000 journeys per day. For further information: www.cabonlinegroup.com.

About Us

Cabonline is the leading taxi company in the Nordic region with 3,000 connected taxi firms and approximately 5,700 vehicles in Sweden, Norway, Finland and Denmark. Cabonline contains a series of well-known brands, such as TaxiKurir, Norgestaxi, TOPCAB, Kovanen, Taxi Skåne, Taxi Väst, Umeå Taxi, Sverigetaxi and Taxi 4x27. Through Cabonline, taxi firms have access to attractive customer agreements, support from industry-leading technological development and utilization of economies of scale, efficient service and a shared infrastructure. The Group has revenue of approximately SEK 6.5 billion and performs about 45,000 journeys per day. For further information: www.cabonlinegroup.com.

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