Diamond Bus North West

[Tony]

On Saturday 28th February 2015, at 2359 hrs Rotala Plc completed the acquisition of the entire share capital of Green Triangle Buses Ltd.

Upon acquisition the current Directors will resign; Simon Dunn, Kim Taylor, Bob Dunn and Antony Goozee will be appointed Directors of the new acquisition.  The legal entity name will be changed to Diamond Bus (North West Ltd) and over the medium term the intention is to rebrand the business.

The new acquisition will form part of the Rotala Plc North West Division. Consequently it will be supported by the Preston Bus business and Bob Dunn will become the Managing Director.

Rotala Plc sees this opportunity as an entrance route into the Greater Manchester market, and it leaves the group well positioned for future market developments and potential opportunities.

Although the acquisition does not represent a material transaction to Rotala, it will be notified to the London Stock Exchange before the market opens on Monday.

[Chris2301]

Nice to see diamond expanding into the north, good luck to them.

[the trainbasher]

Wasn't Green Triangle part of D&G Group? Wonder if they'll sell next

[mikestone]

Yes it was owned by D&G. The 2 E200s they use on the 877/8 were given by Ensign as sold to Green Triangle.
;
They have recently registered a route into Manchester , presumably on re-tender.

[winston]

Fleetlist here, for anyone interested. The fleetlist currently shows 45 buses on fleet strength.

It's good to see Rotala making an acquisition, however, from the statement 'Although the acquisition does not represent a material transaction to Rotala' that suggests that little or no money has changed hands due to the business either being loss making or carrying a large amount of debt

[bwsau cymru]

Absoutely brilliant great to see Rotala expand and hopefully see the Diamond brand expand into the north west. I think it will be an excellent opportunity for expansion into the Manchester market!!
Seem to have a good fleet for me personally nice to see scanias and optare tempo's hopefully some of the tempos and wright bodied buses move to other parts of Rotala and maybe some darts send to SLT!!

[winston]

Absoutely brilliant great to see Rotala expand and hopefully see the Diamond brand expand into the north west. I think it will be an excellent opportunity for expansion into the Manchester market!!
Seem to have a good fleet for me personally nice to see scanias and optare tempo's hopefully some of the tempos and wright bodied buses move to other parts of Rotala and maybe some darts send to SLT!!

There may be a bit more opportunity in NW Manchester to expand, but Rotala will be flanked by Stagecoach in Wigan & both Arriva & First in Bolton. Stagecoach Manchester have gobbled up quite a few Manchester independents of late. Jim Stones of Leigh might be a useful bolt-on acquisition to add to the newly acquired network of routes or if Rosso or Warrington BT were ever put up for sale.

Don't forget Rotala sold the ex Ludlows Scania/Wright Access-Ultralows & Solars

[arrifirststage]

Absoutely brilliant great to see Rotala expand and hopefully see the Diamond brand expand into the north west. I think it will be an excellent opportunity for expansion into the Manchester market!!
Seem to have a good fleet for me personally nice to see scanias and optare tempo's hopefully some of the tempos and wright bodied buses move to other parts of Rotala and maybe some darts send to SLT!!

There may be a bit more opportunity in NW Manchester to expand, but Rotala will be flanked by Stagecoach in Wigan & both Arriva & First in Bolton. Stagecoach Manchester have gobbled up quite a few Manchester independents of late. Jim Stones of Leigh might be a useful bolt-on acquisition to add to the newly acquired network of routes or if Rosso or Warrington BT were ever put up for sale.

Don't forget Rotala sold the ex Ludlows Scania/Wright Access-Ultralows & Solars

Rotala are either very brave or very foolish to go into that area,never a huge money spinner in the past.
Good luck to them,but they could ,if they make much progress,find themselves overwhelmed by Stagecoach or First the former particularly don't pussyfoot about if they ever feel threatened.
Suppose it all depends on what they paid (if anything) and how carefully they tread............still,best of luck Rotala.

[winston]

Rotala Green triangle Acquisition RNS:

http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/12265376.html

[Solo1]

Wonder if they will rebrand the fleet
as diamond bus in Manchester or leave it as it is as SLT

[winston]

Wonder if they will rebrand the fleet
as diamond bus in Manchester or leave it as it is as SLT

Wonder no more, it is confirmed in the statement Tony originally posted:

The legal entity name will be changed to Diamond Bus (North West Ltd) and over the medium term the intention is to rebrand the business.

From Yahoo Groups:

Two ex D&G red liveried scanias have made the return journey from Crewe, 130 YN04GMV and 131 YN04GMX, these should see service today

Dave F

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Added to this is that the recent batch of E200s that SLT had for their 635 service were yesterday outputted on various services including Leigh Circulars and were back in depot for 18:30 and have now or are in the process of being transferred to D&G Crewe

Andrew

Looks as though at least two 64 plate SLT E200's have been swapped for 2 x 04 plate Scania Omnicities from D&G

[646]

And all 4 E200s are listed as added to the D&G fleet on their website

[Tony]

Acquired fleet is

20709   EK51XXC   Dennis Dart SLF   Plaxton Pointer 2
20710   EK51XXD   Dennis Dart SLF   Plaxton Pointer 2
20711   EK51XXE   Dennis Dart SLF   Plaxton Pointer 2
20712   EK51XXF   Dennis Dart SLF   Plaxton Pointer 2
20713   EK51XXG   Dennis Dart SLF   Plaxton Pointer 2
20714   EK51XXL   Dennis Dart SLF   Plaxton Pointer 2
20715   EK51XXM   Dennis Dart SLF   Plaxton Pointer 2
20716   ME52BLU   Dennis Dart SLF   Plaxton Pointer 2
20717   MG53BLU   Dennis Dart SLF   Plaxton Pointer 2
20718   MH53BLU   Dennis Dart SLF   Plaxton Pointer 2
20719   K40SLT   Optare Solo M950   Optare
20720   MX58ACF   Optare Solo M880SL   Optare
20721   K2SLT   Optare Solo M950   Optare
20722   YJ57EKH   Optare Solo   Optare
20723   YJ57EKK   Optare Solo   Optare
20724   YJ57XWO   Optare Solo   Optare
20725   K16SLT   Optare Solo M950SL   Optare
20726   K17SLT   Optare Solo M950SL   Optare
20727   K18SLT   Optare Solo M950SL   Optare
20728   YJ54UWO   Optare Solo M950   Optare
20729   K50SLT   Optare Solo M950   Optare
20730   Y66SLT   Dennis Dart SLF   Plaxton Pointer 2
20731   Y77SLT   Dennis Dart SLF   Plaxton Pointer 2
21502   W55SLT   Dennis Dart SLF   Plaxton Pointer 2
21503   M99SLT   Dennis Dart SLF   Plaxton Pointer 2
21504   W187YBN   Dennis Dart SLF   Plaxton Pointer 2
30530   YN04GMU   Scania   Omnicity
30531   YN04GMV   Scania   Omnicity
30532   YN04GMX   Scania   Omnicity
30533   M222SLT   MAN A22   Wright Meridian
30534   M333SLT   MAN A22   Wright Meridian
30535   M444SLT   MAN A22   Wright Meridian
30536   M555SLT   MAN A22   Wright Meridian
30537   T700SLT   Optare Tempo X1060   Optare
30538   T800SLT   Optare Tempo X1060   Optare
30539   T900SLT   Optare Tempo X1060   Optare
30540   T100SLT   Optare Tempo X1060   Optare
30541   S600SLT   Scania CK230UB   Sca Omnilink
30542   S400SLT   Scania CN94UB   Sca Omnicity
31000   T375JWA   Scania L94UB   Wt Axcess
31001   W396PRC   Scania L94UB   Wt Axcess
31002   W397PRC   Scania L94UB   Wt Axcess
31003   W398PRC   Scania L94UB   Wt Axcess

[iamwilljh92]

I couldn't help but wonder when I read about this takeover last night if some of the old Kidderminster or Redditch stuff will head north and some of the SLT fleet mentioned above will come to Kidder/Redditch?.. hmm I'm intrigued

[Cedric]

I couldn't help but wonder when I read about this takeover last night if some of the old Kidderminster or Redditch stuff will head north and some of the SLT fleet mentioned above will come to Kidder/Redditch?.. hmm I'm intrigued

Doubt it will  with  it being  managed  by  preston