X
Rotala Share Price Index
01st July 2022 @ 04:18 pm GMT
30.06 GBX
ISIN
GB00B1Z2MP60
Last
GBX 30.06
Change
GBX -1.44 (-4.57%)
Open / High / Low
30.00 / 30.06 / 30.00
Volume (pcs.)
3,018
Share Price Tracker

Johnsons ‘Excelbus’ to be taken on by Diamond Bus

Johnsons ‘Excelbus’ services will soon be welcomed into the growing Diamond Bus business.

Warwickshire based bus and coach operator - Johnsons have made the decision to sell the Excelbus part of their business to Diamond Bus parent company Rotala Plc, with the exchange expected to be concluded on 29th May.

Johnsons will cease operating local bus services, however their coaching and private hire operations will remain unchanged.

This new acquisition further strengthens Diamond's growing Midlands business in the West Midlands, Worcestershire and Warwickshire region. The deal will involve Diamond Bus taking over operation of all Excelbus local bus services including the X20 Stratford to Solihull, 150 Redditch to Birmingham services and Stratford's Park & Ride services.

Diamond Bus will take on commercial and tendered work, along with most drivers and some operating staff. The deal also includes 18 Excelbus vehicles, which will be rapidily rebranded into Diamond Bus livery.

This latest aquisition aligns with our key strategy to grow the Rotala business by consolidating smaller businesses in exisitng areas of operation and comes within weeks of another recent aquisition of the bus business of midlands based Claribels Coaches Ltd.

More information regarding service operations and timetables will be available on the Diamond Bus website shortly.