Announced

Completed

FirstGroup completed the acquisition of Tetley's Coaches.

Synopsis

FirstGroup, a British multi-national transport group operating transport services in the United Kingdom and the Republic of Ireland, completed the acquisition of Tetley's Coaches, a provider of bus and coach hire services for various occasions. Financial terms were not disclosed. "I am very pleased to welcome Tetley's Coaches to the Group. This is a well-established, profitable business with its own large, centrally located depot and a strong contract base. As we work to grow our adjacent services market share, this strategic acquisition will complement our York Pullman and Lakeside businesses and expand our operational footprint and contract portfolio in one of our key markets," Graham Sutherland, FirstGroup CEO.

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