Bath Sightseeing Bus and Bristol Airport Operator Bought Out by Transport Giant
FirstGroup acquired Tootbus for £17 million, adding 63 buses and 190 employees to expand London and Bath services and compete for Transport for London contracts.
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FirstGroup acquires sightseeing bus operator for £17m - London Business News
FirstGroup has bought a sightseeing bus operator in London and Bath and the FTSE 250 firm told shareholders they have acquired the French company RATP Development SA for £17 million.… The post FirstGroup acquires sightseeing bus operator for £17m appeared first on London Business News
FirstGroup acquires sightseeing bus operations
FirstGroup has completed the acquisition of RATP Dev’s sightseeing operations in London and Bath. Currently operating under the brand Tootbus, the acquisition will strengthen FirstGroup’s presence across London and the south-west of England. While the operations are primarily a sightseeing business, with a fleet of 63 buses – 42 in London and 21 in Bath – and about 190 employees, they also include the Airdecker service, connecting Bath to Bristo…
The RATP Group announces the divestiture of its tourist bus activities in London and Bath to FirstGroup plc. This acquisition will enable First Bus to capitalize on the successes of Tootbus U...
FirstGroup Buys Tootbus UK Operations To Expand Sightseeing And London Depot Capacity
FirstGroup plc (LON:FGP) has announced that it has acquired the UK sightseeing bus operations of RATP Développement SA for a consideration of c.£17 million, to grow and diversify the First Bus business in two key markets. Currently operating under the brand Tootbus, the operations are based in London and Bath and comprise: 63 buses (42 in London and 21 in Bath) a large freehold depot in Wandsworth, southwest London and a leased depot in Keynsha…
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