Announced
Synopsis
Trainline, an independent rail platform, agreed to acquire Trenes.com, a global online train ticket booking platform. Financial terms are not disclosed. “The Spanish rail market is leading the way in the liberalisation of European rail, which is driving growth and delivering greater accessibility and variety of service for customers. Trenes.com and Trainline are united in the same mission, to facilitate access to the best travel options at competitive prices, driving more people to choose the sustainable option of rail travel. Our acquisition of Trenes.com promises more to Spanish customers and the investment will mean Trenes.com will be able to benefit from our tech innovation and marketing capabilities. In turn, more customers will be able to find and compare the cheapest and most convenient travel options and promote modal shift,” Pedro Garcia, Trainline General Manager.
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