Kinetic completed the acquisition of Tasmanian Redline.

Kinetic, an Australian-based public transport company, completed the acquisition of Tasmanian Redline, a Tasmania-based bus operator. Financial terms were not disclosed. "Tasmanian Redline has unrivalled experience as one of the state’s pre-eminent transport operators and I congratulate the Larissey family and their team for their long-time commitment to supporting the State Government and serving the community," Matthew Carney, Kinetic Head of Australia.