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New Deal


Announced

Completed

National Express completed the acquisition of Lucketts Group.

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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Acquisition

Private

United Kingdom

bus tours

Single Bidder

Travel and Tourism

Majority

Friendly

private coach services

Completed

bus travel

Synopsis

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National Express, an intercity and Inter-regional coach operator, completed the acquisition of Lucketts Group, coach hire and excursion company. Financial terms were not disclosed. This acquisition provides National Express with a platform for further growth in the private hire, coach tours and corporate shuttle markets, as well as strengthening its network operations in southern England. "We are delighted that Lucketts Group is joining National Express with whom we have had a strong relationship for many years. We know we can trust them to look after what our family has built up and we are confident that they will be able to take the business to the next level," Ian Luckett, Lucketts Director.

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