MENU
SEARCHThe sale was made based on a value of approximately $65 million after adjusting for debt and cash holdings.
According to the Bloomberg HT report, Temsa was sold due to a technological and strategic shift by Sabanci Holding.
Temsa
Sabanci Holding, parent company for the Turkish-based motorcoach manufacturer Temsa, sold the company to Swiss firm True Value Capital Partners, Bloomberg HT reported.
The sale was made based on a value of approximately $65 million after adjusting for debt and cash holdings and included the 49% stake owned by Sabancı Holdings and the other 51% owned by shareholders including the Sabancı family.
According to the Bloomberg HT report, Temsa was sold due to a technological and strategic shift by Sabanci Holding. For the full story, click here.
Transit agencies depend on safe, reliable vehicles to deliver consistent service. This eBook examines how next-generation fleet software helps agencies move from reactive processes to proactive operations through automated maintenance, real-time safety insights, and integrated data. Learn how fleets are improving uptime, safety outcomes, and operational efficiency.
Read More →
METRO’s Executive Editor Alex Roman presented the award to Anchor’s President Jared Stancil during the American Bus Association’s Marketplace, which is taking place in Reno, Nevada.
Read More →
Stay informed with these quick takes on the projects and companies driving progress across the transportation landscape.
Read More →
Busloop is helping Oakland Unified School District with field trip and other travel needs to aid in combatting effects of budget cuts and support underserved communities.
Read More →
ABC will showcase its full range of fleet solutions at Booth 301, featuring a fully equipped 2026 Van Hool CX45 and an interactive virtual showroom that highlights the company’s latest products, services, and innovations.
Read More →
As the transportation landscape continues to evolve in the wake of the pandemic, few manufacturers have faced, or embraced, change as decisively as Forest River Bus.
Read More →
From navigating post-pandemic growth to rethinking customer engagement and operational efficiency, these five standout interviews offer invaluable insights from leaders who are shaping what’s next.
Read More →
Through this partnership, The Great American Road Trip and the ABA aim to highlight the essential role of motorcoach travel in connecting communities.
Read More →
Biz Briefs covers the latest supplier news in the motorcoach and public transit industries.
Read More →
With a provider in place, the route is now set to launch in Spring 2026.
Read More →
