Optare, britain’s third largest bus manufacturer, has been sold to Roy Stanley, the North East entrepreneur who bought bus builder East Lancs last year.
Commenting on the deal, Stanley said: “I am committed to the future of bus making in Britain and believe that Optare has an unsurpassed range of buses - all to its own innovative design and based on full, integral construction.
“This was a rare opportunity to acquire such a dynamic business at a time when it is poised to win...
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