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AA Ireland exploring options for sale

Written by Sim Pinder, on 24th May 2016. Posted in Ireland

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In a brief note to investors this morning the AA plc confirmed that it is exploring options for the sale of its Irish business.

"The AA notes the recent press speculation regarding the potential disposal of its Irish business. The AA confirms it is exploring options in regards to its Irish business and a further announcement will be made if and when appropriate."

AA Ireland employs over 400 people with a head office in Dublin, a Rescue Centre based in the city centre and central patrol garage located at Naas Road, Dublin.

Similarly to its business offerings in the UK, AA Ireland offer Roadside Assistance and Insurance Services. The AA is currently the only branded provider of roadside assistance in Ireland.

Roadside assistance, for vehicles, represents the largest source of income in Ireland. According to company statistics AA Ireland have 119,000 Personal Members and 165,000 indirect Business Customers whose cover is provided as a complementary service by business partners. 

AA Ireland constituted just 4% of AA plc’s total trading revenue in the year ended 31 January 2015.


Source: www.businessworld.ie

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