A SCOTTISH transport company has acquired an English family-owned bus firm.
Aberdeen-based FirstGroup has bought Tetley’s Motor Services Limited, a historic Leeds-based coach and bus operator that has operated for over 75 years.
It operates from a large depot which it owns in central Leeds and has a fleet of 55 coaches and buses.
Managing Director Ian Tetley will remain with the business as a director while it is integrated into First Bus.
Commenting on the acquisition, CEO of FirstGroup Graham Sutherland, said: “I am very pleased to welcome Tetley’s Coaches to the Group.
This is a well-established, profitable business with its own large, centrally located depot and a strong contract base.
As we work to grow our adjacent services market share, this strategic acquisition will complement our York Pullman and Lakeside businesses and expand our operational footprint and contract portfolio in one of our key markets.”