Go-Ahead plc taken over
Go-Ahead plc taken over
As you will know, Go-Ahead plc has just been taken over by a consortium of Kinetic, Australia and Globalvia, Spain.
We can just await developments with interest. For example, this article quotes that They also see opportunities for Go-Ahead to "increase its footprint in the regional UK bus market"
So, could they buy out additional operators or subsidiaries of other groups? Time will tell.
Go-Ahead sale to Kinetic and Globalvia completes - routeone (route-one.net)
Can see no reason why they wouldn't continue to expand by acquisition. It's the easiest way to make all the lines in the financials go upwards.
NatEx may be rethinking their own posession of uk regional operators now their list of potential mergers is decreasing, so that's an obvious target.
(15 Oct 2022, 5:56 pm)F114TML I thought the company that bought Go-Ahead is an asset-stripping company only interested in the trains and GAL.
Kinetic runs around 4,000 buses in Australia and New Zealand
(15 Oct 2022, 5:56 pm)F114TML I thought the company that bought Go-Ahead is an asset-stripping company only interested in the trains and GAL.
Kinetic runs around 4,000 buses in Australia and New Zealand
(15 Oct 2022, 5:56 pm)F114TML I thought the company that bought Go-Ahead is an asset-stripping company only interested in the trains and GAL.
(15 Oct 2022, 5:56 pm)F114TML I thought the company that bought Go-Ahead is an asset-stripping company only interested in the trains and GAL.
(15 Oct 2022, 5:55 pm)streetdeckfan Perhaps DB may be willing to let go of some more of Arriva?
(15 Oct 2022, 5:55 pm)streetdeckfan Perhaps DB may be willing to let go of some more of Arriva?
(15 Oct 2022, 9:24 pm)Ambassador They probably will be, whether the competition commission would allow it in all but a few areas is another matterI feel like for GNE Belmont Depot & Which ever depot runs all the Whitley Bay / Blyth services.
(15 Oct 2022, 9:24 pm)Ambassador They probably will be, whether the competition commission would allow it in all but a few areas is another matterI feel like for GNE Belmont Depot & Which ever depot runs all the Whitley Bay / Blyth services.
(15 Oct 2022, 9:39 pm)Unber43 I feel like for GNE Belmont Depot & Which ever depot runs all the Whitley Bay / Blyth services.
Stagecoach would take one of the Northumbria Depots, however I doubt SC would want to expand.
(15 Oct 2022, 9:39 pm)Unber43 I feel like for GNE Belmont Depot & Which ever depot runs all the Whitley Bay / Blyth services.
Stagecoach would take one of the Northumbria Depots, however I doubt SC would want to expand.
(15 Oct 2022, 9:39 pm)Unber43 I feel like for GNE Belmont Depot & Which ever depot runs all the Whitley Bay / Blyth services.
Stagecoach would take one of the Northumbria Depots, however I doubt SC would want to expand.
(15 Oct 2022, 9:39 pm)Unber43 I feel like for GNE Belmont Depot & Which ever depot runs all the Whitley Bay / Blyth services.
Stagecoach would take one of the Northumbria Depots, however I doubt SC would want to expand.
(16 Oct 2022, 6:38 am)Storx It's more likely to go the other way. If I was a investor I'd be wanting to dispose of GNE as it makes no money and never has or barely does.Hmmm. I have to say, when they spun off. EYMS from GNE and didn't give Bensham it's own proper MD, I did wonder if a sale was on the cards given the "efficiency" savings being made there which don't appear to be taking place on the same scale elsewhere at Go Ahead.
Buying dodgy depots like Durham which is one Arriva's weaker depots won't help especially considering some of it is stuff GNE dumped years ago at Bishop Auckland anyway.
(16 Oct 2022, 6:38 am)Storx It's more likely to go the other way. If I was a investor I'd be wanting to dispose of GNE as it makes no money and never has or barely does.Hmmm. I have to say, when they spun off. EYMS from GNE and didn't give Bensham it's own proper MD, I did wonder if a sale was on the cards given the "efficiency" savings being made there which don't appear to be taking place on the same scale elsewhere at Go Ahead.
Buying dodgy depots like Durham which is one Arriva's weaker depots won't help especially considering some of it is stuff GNE dumped years ago at Bishop Auckland anyway.
(16 Oct 2022, 6:54 am)DeltaMan Hmmm. I have to say, when they spun off. EYMS from GNE and didn't give Bensham it's own proper MD, I did wonder if a sale was on the cards given the "efficiency" savings being made there which don't appear to be taking place on the same scale elsewhere at Go Ahead.
(16 Oct 2022, 6:54 am)DeltaMan Hmmm. I have to say, when they spun off. EYMS from GNE and didn't give Bensham it's own proper MD, I did wonder if a sale was on the cards given the "efficiency" savings being made there which don't appear to be taking place on the same scale elsewhere at Go Ahead.
(15 Oct 2022, 5:46 pm)Starscream Can see no reason why they wouldn't continue to expand by acquisition. It's the easiest way to make all the lines in the financials go upwards.
NatEx may be rethinking their own posession of uk regional operators now their list of potential mergers is decreasing, so that's an obvious target.
(15 Oct 2022, 5:46 pm)Starscream Can see no reason why they wouldn't continue to expand by acquisition. It's the easiest way to make all the lines in the financials go upwards.
NatEx may be rethinking their own posession of uk regional operators now their list of potential mergers is decreasing, so that's an obvious target.
Train giant Go-Ahead back up for sale a year after takeover
The pension fund behind the operator’s owners Kinetic Group and Globalvia mulls offloading public transport interests
Go-Ahead runs one in four train services in Britain, including Southern and Great Northern
Go-Ahead runs one in four train services in Britain, including Southern and Great Northern
DOMINIC LIPINSKI/PA
Oliver Gill
Saturday February 24 2024, 6.00pm, The Sunday Times
Britain’s biggest train operator is poised to change hands after its owners ordered a strategic review little more than a year after taking it private in a £650 million swoop.
Ontario pension fund OPTrust has hired advisers as it seeks to offload public transport interests including Go-Ahead Group, the former FTSE 250 company that operates the Thameslink, Southern and Great Northern lines. Altogether Go-Ahead runs one in four of Britain’s trains as well as bus routes up and down the country.
Australian transport operator Kinetic and Spanish infrastructure investor Globalvia swooped on Go-Ahead in October 2022. OPTrust co-owns Kinetic and has a 40 per cent stake in Globalvia.
OPTrust has hired investment bankers at RBC and Macquarie to explore a potential sale of its stakes
Stories in The Sunday Times (subsequently denied by GAG), that this fairytale investment could be coming to an end.
https://www.thetimes.co.uk/article/goahe...-gp960bcj0
In case you can't get behind the paywall...
Train giant Go-Ahead back up for sale a year after takeover
The pension fund behind the operator’s owners Kinetic Group and Globalvia mulls offloading public transport interests
Go-Ahead runs one in four train services in Britain, including Southern and Great Northern
Go-Ahead runs one in four train services in Britain, including Southern and Great Northern
DOMINIC LIPINSKI/PA
Oliver Gill
Saturday February 24 2024, 6.00pm, The Sunday Times
Britain’s biggest train operator is poised to change hands after its owners ordered a strategic review little more than a year after taking it private in a £650 million swoop.
Ontario pension fund OPTrust has hired advisers as it seeks to offload public transport interests including Go-Ahead Group, the former FTSE 250 company that operates the Thameslink, Southern and Great Northern lines. Altogether Go-Ahead runs one in four of Britain’s trains as well as bus routes up and down the country.
Australian transport operator Kinetic and Spanish infrastructure investor Globalvia swooped on Go-Ahead in October 2022. OPTrust co-owns Kinetic and has a 40 per cent stake in Globalvia.
OPTrust has hired investment bankers at RBC and Macquarie to explore a potential sale of its stakes
