Allied Holdings Acquires CT Group
March 02, 2000
Allied Holdings Inc., Decatur, GA, has announced that its wholly owned subsidiary, Axis Group, has acquired CT Group, Inc., a Michigan-based holding company which owns CT Services and Cordin Transport.
The CT Group provides a variety of logistics services to the pre-owned vehicle market and is best known for its vehicle inspection programs. Through the CT Services subsidiary, the company provides custom inspection services for vehicles returned after lease terms; rental cars returned under manufacturer programs; and other pre-owned vehicles requiring inspection prior to wholesale auction. The CT Group, primarily through Cordin Transport, also provides transportation services for inspection customers.
Axis acquired CT Group from Robert and Mark Chambers who owned and operated the business since the mid-1980s. The Chambers will remain as members of management of the business in charge of day-to-day activities.