FirstGroup has sold its south Devon bus business to Stagecoach for an undisclosed fee.
The sale covers the depot at Plymouth, outstations at Tavistock and Dartmouth, and a fleet of about 100 buses. About 250 staff will transfer to Stagecoach.
Giles Fearnley, First’s managing director of UK Bus, said that, despite the successes of the company’s transformation plan for its UK bus operations, “We have not been able to make the progress in south Devon we have sought and the...
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