The Go-Ahead Group is expanding into southern Sweden with a deal to acquire a family run bus company, Flexbuss Sverige which provides scheduled bus services, school transport, medical transfer and private hire vehicles. The company will be integrated into Go-Ahead’s London and International bus division, which operates franchised buses in London, Singapore and Dublin.
The operations in Sweden will be entirely generated through contracts, with no direct commercial operations. Under Go-Ahead’s ownership, services will continue to be overseen by Flexbuss’ management team.
The company operates approximately 380 vehicles and employs 600 people. It is expected that the transaction will be completed this month.
Christian Schreyer, group chief executive, The Go-Ahead Group, says: “This is an expansion of our successful London and international franchised bus business into a new territory. It will play to Go-Ahead’s strengths in operating bus contracts on behalf of local authorities, partners and third parties.”