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Announced

Completed

Greater Manchester Combined Authority completed the acquisition of the Bolton depot from Rotala for £30.4m.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United Kingdom

bus depot

Single Bidder

Acquisition

Private

Storage Terminals

Domestic

Majority

Infrastructure

Completed

Friendly

Synopsis

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Greater Manchester Combined Authority completed the acquisition of the Bolton depot from Rotala, an investment company, for £30.4m. “The Proposed Disposals represent a significant step forward for Rotala. They will allow us to reduce our debt and strengthen our balance sheet, which will provide us with the platform to invest in our core businesses and continue to grow," John Gunn, Rotala CEO.

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