Cab app Gett acquires Radio Taxis and One Transport
Black cab app Gett has bought Mountview House Group, owner of the Radio Taxis black cab fleet, the Xeta taxi operation and the One Transport corporate taxi and private hire platform.
Full terms of the multi-million pound deal have not been announced, and the businesses will be merged over the next few months.
Gett western Europe managing director Remo Gerber said: “Radio Taxis has a long, proud history and we are delighted to bring such a great business into the Gett family. Alongside our cutting edge technology it is going to help to make Gett an even more powerful, global force for both our corporate customers and members of the public.”
Radio Taxis was set up in the 1950s as an independent driver co-operative. Xeta was established by former ComCab bosses in 2003 as a lower-cost alternative.
Gett claims to have 10,000 cab driver users and the deal will increase that total to 11,500, as well as access via One Transport to corporate clients such as the BBC, HSBC, M&S and Eurostar.
In a letter, Gett told Radio Taxis drivers the merger was the best way to combat the growth of Uber: “This deal is all about strengthening our commitment to the trade and our faith in the long term future of black cabs in London. One of the aims of this acquisition is to get even more business back into licensed taxis, as part of the fightback against the new challenges you’re seeing on the streets.”