Johnsons selling bus business to Rotala
Henley-in-Arden-based Johnsons Coaches’ Excelbus bus services are to be taken over by Rotala-owned Diamond Bus. The deal will see the 20-strong fleet join Rotala for a cash consideration of £936,000. According to a release from Rotala posted on the London Stock Exchange, the acquisition is expected to be earnings enhancing from completion. Rotala estimates that […]