Galloway bought by Eastern Transport Holdings

Suffolk-based Galloway Travel Group has been bought by Eastern Transport Holdings (ETH), a new holding company owned by Bill Hiron, MD of Stephensons of Essex.

Galloway MD David Cattermole, Commercial Director John ‘Bernie’ Miles and Financial Director Roger Stedman intend to retire from the business from 30 November, when the acquisition of Galloway’s business operations will be completed.

The announcement follows close communication and discussion with the directors of ETH, as Galloway’s directors are keen to ensure that the long-term business plans of the new owners are aligned to its model.

David Cattermole says: “I and my fellow directors look forward to working with the ETH directors and management team in the future development of Galloway.”

Galloway’s directors are delegating day-to-day involvement in the business with immediate effect to the existing management team of Richard Smith, Dan Rogers and Charles Pratt.

They will work closely with ETH’s directors to ensure that they develop an in-depth knowledge and awareness of all aspects of Galloway’s trading style.

It will continue to trade as a standalone business, distinct from other subsidiary operations of ETH, operating from the existing Mendlesham head office.

Bill Hiron says the acquisition of Galloway represents a logical extension to the existing business, and is “in keeping with our vision to diversify both our geographic footprint and range of income streams within the Eastern region.”

Founded in 1965, Galloway is one of the largest coach operators in Suffolk, running tours, private hire, National Express services and bus routes. It has won major awards – including the Special Award for Bernie Miles at the National Coach Tourism Awards in 2015 – and runs a fleet of 50 coaches and buses from its Mendlesham base, including four coaches in its premium Sapphire Star brand.

ETH shares common ownership with Stephensons of Essex, which provides local bus, school and rail replacement services across Essex and West Suffolk.