Moments in Time: Bournemouth Yellow Bus Sale
RATP Dev has announced the sale of its subsidiary Bournemouth Transport Limited (trading as Yellow Buses and Yellow Coaches) to the management team led by David Squire (Managing Director) with Phil Pannell (Service Delivery Director) and Simon Newport (Commercial Director). The associated non-trading company of Vintage Yellow Buses Limited was also included in the sale. “Our decision to step down from our commercial bus operations in the Bournemouth deregulated sector pertains to our strategic focus on our franchise operations in London, together with our sightseeing and coach businesses in Bath, London and the North West. Under the leadership of David Squire and his team, Bournemouth Transport has undergone a major transformation. The agreement completed today will ensure the company has local ownership and management. We are delighted that we can enable Bournemouth Transport Ltd and its employees to pursue a promising way forward...