Veezu has extended its reach eastbound with the acquisitions of Panther Taxis in Cambridge and ABC Taxis in Norwich.
Panther Taxis, founded 30 years ago, has more than 600 vehicles across the Cambridge area, while ABC Taxis in Norwich has built a fleet of over 340 vehicles since it started operations in 1994.
The deals are Veezu’s first for three years. Veezu CEO Nathan Bowles said: “These acquisitions extend our reach to the east of the country and provide the opportunity for Veezu to build on hyperlocal activities to ensure the ABC and Panther brands remain at the centre of their communities across Cambridge and Norwich.”
“We are focused on continually improving our service to give passengers what they want, and right now partnering with more drivers with the latest technology will help us give their passengers the best service possible.”
Panther and ABC driver-partners will be able to access new technology to improve efficiency and create more opportunities to earn. They will also have the option to subscribe to a vehicle hire agreement, accident management service, as well as discounted services and insurance options.
John Raynham, director of Panther Taxis said: “Teaming up with Veezu seems a natural transition for us – there are many synergies in the ways our businesses operate and we all have established long-standing reputations. We have always operated at the heart of our local communities, offering our support wherever possible, and we look forward to continuing to do so under this new partnership.”
Simon Callender, director of ABC Taxis, said: “This is an exciting chapter in the ABC Taxis journey. Veezu values the quality service and community support, which have always been crucial to our company.”
For the time being, the two operations will continue under their existing brands. But Veezu has signalled that it plans to rebrand all its hub operations under a single Veezu brand and has started the process in Bristol and the south-west, where its V Cars operation now uses the Veezu name.
Veezu also operates in the West Midlands with the Go Carz and A2B brands, in Leeds as Amber Cars and in South Wales as Fragon Taxis.