Acromas Holdings
From Wikipedia, the free encyclopedia
Company typePrivate limited company
IndustryHolding company
Founded18 May 2007
Headquarters,
United Kingdom
 | |
| Company type | Private limited company |
|---|---|
| Industry | Holding company |
| Founded | 18 May 2007 |
| Headquarters | , United Kingdom |
Key people | Lloyd East, CEO |
| Website | www |
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]
Saga became listed on the London Stock Exchange in May 2014, through an initial public offering in which Acromas sold all its shares.[4][5] The AA became listed on the London Stock Exchange in June 2014, through an initial public offering in which Acromas also sold all its shares.[6][7]
Acromas was subsequently placed in members' voluntary liquidation in April 2017.[8]
