MergerLinks Header Logo

Announced

Polaris Equity to acquire and merge Larsenbus, Egons, Papuga Bus and Papuga.

Synopsis

Polaris Equity, a Danish private equity firm, agreed to acquire and merge four coach operators Larsenbus, Egons, Papuga Bus and Papuga. The combined entity will be renamed to "Vikingbus" in which 60% will be owned by Polaris Equity and the remaining 40% by current managers. Financial terms were not disclosed. "Together, we will be an even better and stronger partner to large and small customers alike. We will strengthen our already solid local presence and offer customers the largest and most flexible bus and coach fleet in the industry. Based on our combined skills and diverse bus and coach fleet, we will sharpen our competitive edge and enhance our capacity to develop new offers and digital services for our customers," Mogens Pedersen, Egons CEO.

Show Details & Financials

Did you work on this deal?

Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.

Sort

By continuing, you agree to our Terms & Conditions and our Data Privacy Policy

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US