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Will be comprised of Collins Bus Corp., Mid Bus, Corbeil, Champion Bus Inc., General Coach America Inc. Goshen Coach Inc., El Dorado National California Inc., El Dorado National Kansas Inc., Krystal Coach and Federal Coach.
Read More →The transaction, which included the acquisition of ROM Corp., will combine the two businesses through a holding company, Safe Fleet Acquisition Corp.
Read More →Industry veteran Bruce Neuharth has been named CEO of Gray Line to oversee and grow the combined company. He will be joined on the executive team by Carl Haley, who will maintain the position of CEO at Grand Avenue.
Read More →Thor's bus business includes Champion Bus Inc., General Coach America Inc., Goshen Coach Inc., El Dorado National California Inc. and El Dorado National Kansas Inc.
Read More →Callahan family retained The Tenney Group, a firm that specializes in transportation business sales exclusively across the U.S., to handle the sale.
Read More →Financial terms of the agreement were not disclosed. HDR, Sharon Greene + Associates will operate as a strategic consulting organization, offering an extensive portfolio of financial planning, project finance and public-private partnership advisory services.
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The transaction presents a number of opportunities for New Flyer, including an enhanced transit bus product offering with the addition of NABI’s Low Floor and BRT product platforms, and an expanded parts business with improved offering and customer support.
Read More →With the acquisition, will now have four offices, with the other two located in Paducah, Ky. and Tuscumbia, Ala.
Read More →Invensys will be integrated into the rail automation business of the Mobility and Logistics Division. Former Invensys Rail President and CEO John Paljug will become head of Siemens U.S. Rail Automation business, headquartered in New York, N.Y. More than 500 Invensys employees will be joining Siemens Rail Automation.
Read More →The purchase was funded by using proceeds from the recently announced equity investment by Marcopolo S.A., one of the world’s leading global bus manufacturers, which made the first tranche of its investment in New Flyer, totaling approximately $51 million, in February.
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