Birketts secures electric taxi firm sale


06 January 2020

Birketts has advised the owner of Future50 company, Zero Taxis, on the sale of the eco-friendly taxi firm to ABC Taxis. 

Zero Taxis was founded by ex-RAF aircraft technician, Leon Davies and Ashley Peacock, and became Norfolk’s first 100% electric, 0% emissions taxi firm, handling local domestic routes, corporate bookings, airport and school runs.

The transaction was led by Ed Savory, with support from Shereen Semnani in Birketts’ Corporate Team.

Leon Davies, co-founder and director of Zero Taxis, commented: “Having got to know Ed and Birketts via the Future50 initiative I knew the sale was in very safe hands. Responsive, clear and commercially-minded advice is a rare commodity and I was thoroughly impressed throughout.”

Ed Savory, Partner at Birketts, concluded: “It was a real pleasure to assist Leon on the sale of Zero Taxis. He built a fantastic business in a short time, having seen a gap in the market for a 100 per cent electric taxi company, picking up a Norwich and Norfolk Eco Award for small business and becoming a Future50 company in the process. I have no doubt that ABC will be the perfect place for Leon to take the Zero concept forward.”

The content of this article is for general information only. It is not, and should not be taken as, legal advice. If you require any further information in relation to this article please contact the author in the first instance. Law covered as at January 2020.