Wednesday, June 29, 2022
Go Ahead Group sale potentially to proceed after offer recommended

Go-Ahead sale possible after offer acceptance recommended

A consortium made up of Australasian bus operator Kinetic Group and transport concession manager Globalvia Inversiones has nosed ahead in a race to purchase...
Wrightbus wins Ireland NTA framework contest for up to 800 buses

Wrightbus wins contest for up to 800 electric DDs in Ireland

The National Transport Authority (NTA) in Ireland has signed a single-supplier framework agreement with Wrightbus that provides for the delivery of up to 800...
Stagecoach agrees to purchase Tower Transit Lea Interchange operation

Stagecoach to acquire Tower Transit Lea Interchange operation

Stagecoach has agreed to purchase the east London bus operations of Tower Transit parent Kelsian Group, including its Lea Interchange depot. The deal is...
FirstGroup mulling I Squared Capital approach

FirstGroup ‘evaluating’ I Squared Capital purchase approach

FirstGroup is “currently evaluating” the latest in a series of unsolicited and conditional proposals from Miami-based private equity firm I Squared Capital Advisors in...
DWS Infrastructure takeover of Stagecoach set to progress

DWS bid for Stagecoach set to progress as acceptance gained

The bid by DWS Infrastructure to purchase Stagecoach in its entirety took a major step forward on 20 May after the DWS subsidiary Inframobility...
Volgren Wrightbus deal

Wrightbus eyes Australian export market with Volgren deal

Wrightbus has today announced that it has signed a landmark deal with Australian bus body builder Volgren that could provide an antipodean export market...
DWS Infrastructure doubles down on Stagecoach bid

DWS Infrastructure doubles down on Stagecoach bid

Stagecoach suitor DWS Infrastructure, through its Inframobility UK Bidco subsidiary, has upped the ante in its bid to complete the purchase of the Scottish...
Seaview Services purchased by Xelabus

Isle of Wight operator Seaview Services sold to Xelabus

The company trading assets of long-established coach operator Seaview Services of Sandown on the Isle of Wight have been acquired by Eastleigh-based Xelabus. Eight vehicles...
Johnsons agrees to sell Excelbus operation to Rotala

Johnsons agrees to sell Excelbus operation to Rotala

Johnsons Coach and Bus Travel has agreed to sell its Excelbus operation to Rotala, where it will become part of the growing Diamond Bus...
Zeelo to be purchased by Swvl

Business as usual for partners after Zeelo agrees sale to Swvl

Operators working with Zeelo have been reassured that it will remain business as usual after the firm is acquired by Swvl, a global provider...

David Heptinstall joins Stagecoach Manchester senior team

David Heptinstall has been appointed Engineering Director by Stagecoach Manchester. He joins from Stagecoach Yorkshire, where he held the same role from 2016. Mr Heptinstall...