26 Jan 2024 | 07:02
FirstGroup buys York Pullman Bus Co for undisclosed sum
(Sharecast News) - FirstGroup on Friday signed a deal to buy York Pullman Bus Company for an undisclosed sum.
York Pullman provides home-to-school and college contracted services and private hire operations including rail replacement services, and operates a small number of local bus routes on behalf of several local authorities.
It has a mixed fleet of more than 130 vehicles with varying passenger capacity which has enabled it to build a broad range of customers. For the year ended to December 2022, York Pullman reported revenues of around £10m and profit before interest and tax of £2m.