Latest news:
News category: acquisitions

333 results from all titles

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Lead Story
By Robert Jack
Senior staff at National Express Group are tipping deputy chairman Jorge Cosmen to mount a bid for the company. The Cosmen family received 10% of... continue
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Business Comment
So Stagecoach has swooped in and has acquired south coast bus firm Cavendish Motor Services and promptly announced the business will be closed.... continue
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Bus News
Stagecoach has confirmed that it has completed the acquisition of Preston Bus for an undisclosed sum. The acquisition was approved by employee... continue
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Bus News Lead Story
By Andrew Garnett
Stagecoach has followed up its recent purchase of council-owned bus operator Eastbourne Buses with a deal to acquire local competitor Cavendish Motor... continue
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Bus News
A councillor in Eastbourne has lifted the lid on the extreme financial pressures that Eastbourne Buses was under in recent years. The sale of... continue
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Business Comment
PUBLIC transport in Britain has now been dominated by five passenger transport groups for more than a decade. During that decade there has been... continue
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Business Comment
The news that employee-owned Preston Bus is in talks to sell out to Stagecoach will no doubt be met with disbelief by much of the industry. After all... continue
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Regular Feature
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Bus News
Bus operator First Glasgow has entered the long distance intercity coach market with the purchase of the Scotland to London coach service of East... continue
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Bus News
Stagecoach completed its acquisition of council-owned bus operator Eastbourne Buses late last month. The group has pledged to invest £1.5m in... continue
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Lead Story
By Andrew Garnett
It has been revealed that employee-owned operator Preston Bus is in advanced talks with Stagecoach to sell the business in a rumoured £6m... continue
Parking Review
Technology
Merseyside-based access control systems supplier ATG Access has acquired the US vehicle barrier division of Dutch company Boon Edam. ATG... continue
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Bus News
Transport for London is to consider its future ownership of East Thames Buses, its in-house bus operator. The move could see the operator move to... continue
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Bus News
By Andrew Garnett
Andrew Brian, the chief executive of Blackburn-based bus manufacturer Optare, stepped down from his position citing “personal and family... continue
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Bus News
By Andrew Garnett
Stagecoach has been announced as preferred bidder to acquire troubled municipal operator Eastbourne Buses. Recent industry speculation suggested that... continue
Parking Review
Contracts
APCOA Parking UK has signed a 35-year lease with Velocity Estates to manage the 600-space car park within the developers’ £110m Velocity... continue
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Bus News
Stagecoach has beaten Go Ahead to win control of council-owned bus operator Eastbourne Buses. The deal will strengthen the Perth-based group's... continue
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Rail News
Arriva has moved into the UK train maintenance market with the acquisition of LNWR. It has paid £2.4m for the company and assumed £2m of... continue
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Rail News
Transport group Arriva has acquired train maintenance company LNWR for £2.4m, part of which represents repayment of a shareholder loan, and the... continue
Parking Review
Business News
As the credit crunch continues to squeeze the UK economy, Norfolk-based RCP Parking believes that an increasing number of companies should turn to... continue
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