Addison Lee buys US rival Flyte Tyme as taxi firm looks to keep pace with Uber

Publication: Belfast Telegraph,

Taxi firm Addison Lee has snapped up US rival Flyte Tyme in a deal understood to be valued at 25 million US dollars (£20 million). The private equity-owned company said the move would bolster global sales to nearly £400 million and cement its position as one of the world's biggest chauffeur firms.

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