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FlixBus to acquire Eurolines and isilines long-distance coach services from Transdev Group

Synopsis

International mobility providers FlixBus and Transdev Group have come to an agreement in their exclusive negotiations about FlixBus buying the Eurolines and isilines long-distance coach services. Financial terms were not disclosed. "Our teams were able to quickly and efficiently conduct negotiations with FlixBus to sell Transdev Group's long-distance coach business. This sale is part of Transdev's new strategic plan to focus our resources on the core of our business, public transit and B2B transportation services, by combining performance at best cost, technological and digital innovation, specifically to improve the customer experience" Thierry Mallet, Chairman and Chief Executive Officer of Transdev Group.

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