Wednesday, September 28, 2022
Shuttle Buses in employee buyout

Shuttle Buses sold to employee ownership trust

Ayrshire’s largest independent coach and bus operator Shuttle Buses has been sold to an employee ownership trust. The deal has resulted in the operator's...
Stagecoach completes deal for HCT Group TfL routes

Stagecoach completes purchase of HCT Group TfL work

Stagecoach has completed the purchase of the HCT Group red bus operations that the social enterprise carried out on behalf of Transport for London...
HCT Group in discussion with Stagecoach over London services

HCT Group in talks with Stagecoach over London routes

HCT Group is at an advanced stage of talks over the sale of its London bus business to Stagecoach as the scale of the...
REL looking to expand presence in coach industry

Investor REL bullish about coach industry growth plans

Investment company REL Capital and the associated REL Investment Management business expect to operate 120 coaches in London and the Home Counties by the...
Abellio UK to become Transport UK Group via MBO

Abellio UK set to become Transport UK Group via MBO

Abellio UK, including the group’s London bus operations and its rail replacement and Event Connect business, is to be subject to a management buyout...
I Squared Capital withdraws from FirstGroup pursuit

I Squared Capital withdraws from FirstGroup pursuit

FirstGroup suitor I Squared Capital will not make a firm offer to purchase the bus and rail business, the Miami-based private equity firm has...

Switch and Chalo to deploy 5,000 zero-emission buses in India

Some 5,000 battery-electric buses are set to be deployed across India after Switch Mobility announced a collaboration with Chalo, one of the country's leading transport...
National Express completes Bournemouth purchase

National Express wraps up Bournemouth coach deal

National Express has clarified its position on the purchase of operations in Bournemouth. The PLC has now completed a deal for the coach and...
Yellow Coaches business and brand purchased by Xela Group

Xela Group completes Yellow Coaches purchase

In a shift from what had been expected, Eastleigh business Xela Group – which includes Xelabus and Xelacoach – purchased the Bournemouth-based Yellow Coaches...
Rotala purchases Midland Classic

Midland Classic bought by Rotala as group grows reach

Rotala has acquired Burton-upon-Trent operator Midland Classic. The acquisition is worth a total of £2.58m to the purchaser for a business that generated revenues...

Obituary: Doree Barratt, pioneer of women in coaching

Doree Barratt, one of the coach industry’s first female drivers and for many years the head of well-known Cheshire operator Barratt's Coaches of Nantwich,...