FirstGroup plc acquires York Pullman Bus Company in strategic move
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Posted: 31 January 2024 | Intelligent Transport | No comments yet
FirstGroup plc’s acquisition of York Pullman Bus Company Ltd marks a strategic expansion into North Yorkshire’s transportation sector, enhancing operational footprint and fostering growth opportunities.
Credit: FirstGroup plc
FirstGroup plc has announced its acquisition of York Pullman Bus Company Ltd, marking a strategic expansion for both entities. The agreement solidifies FirstGroup’s presence in North Yorkshire while opening avenues for growth in adjacent markets.
With a fleet exceeding 130 vehicles of varying passenger capacities, York Pullman operates in regional and business-to-business (B2B) operations, specialising in home-to-school and college contracted services, private hire operations including rail replacement and a handful of local bus routes in collaboration with multiple local authorities.
Graham Sutherland, CEO of FirstGroup, said: “A key pillar of our strategy is to grow and diversify our portfolio. The acquisition of York Pullman – a long- established, high-performing business – fits well with our strategy, as it will both enhance the First Bus operational footprint in North Yorkshire and expand our adjacent services business, where we are looking to grow our presence.”
Tom James, Managing Director of York Pullman, expressed enthusiasm about the acquisition’s potential to further propel the company’s success while retaining its core identity and values. James affirmed his commitment to steering York Pullman forward within the FirstGroup umbrella, ensuring sustained growth and operational excellence.
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Under the terms of the agreement, Tom James will continue to lead York Pullman, operating it as a standalone entity with support from the existing York Pullman team and the First Bus executive team. In addition, James will play a pivotal role in shaping the growth strategy for First Bus coach services.
Tom James said: “This is an important step in the development of York Pullman to build on its success and ensure its sustainability for the future within FirstGroup, whilst retaining its identity and core values.”
The acquisition of York Pullman marks a strategic milestone for FirstGroup, positioning the company for enhanced operational efficiency and market diversification, while underscoring its commitment to delivering transportation services in the region and beyond.
Related topics
Accessibility, Fleet Management & Maintenance, Public Transport, Sustainable Urban Transport
Related modes
Bus & Coach
Related cities
North Yorkshire
Related countries
United Kingdom
Related organisations
First Bus, First Group, York Pullman Bus Company
Related people
Graham Sutherland, Tom James