Investor REL Capital buys South Mimms Travel and Reg’s Coaches

Rel Capital has bought South Mimms Travel and Regs Coaches in £2m deal, marking their fifth coach company acquisition in two years. The deal marks a change in acquisition strategy from struggling/distressed opportunities, to buying profitable retirement sales, says REL Capital, which said it is paying two to three times stabilised earnings on purchases. Andy […]

Alexander Dennis appoints industry veteran Neil Gladstone

Alexander Dennis has appointed Neil Gladstone as National Account Manager – London. Neil Gladstone has joined the company to provide dedicated sales support to bus operators running Transport for London routes, focusing on zero-emission buses. Neil brings a wealth of bus and automotive industry experience to the business, having worked previously for Wrightbus, EvoBus UK, […]