01 September 2009
The Go-Ahead Group plc (‘Go-Ahead') is pleased to announce
it has entered into an agreement to acquire the assets of Arriva's
Bus interests in Horsham for a total cash consideration of £5
million. The transaction is due to be completed by the beginning of
These interests, which will include a fleet of 19 vehicles and
58 employees, will operate as part of Metrobus, Go-Ahead's bus
operation which provides bus services in Sussex, Surrey and Kent
including regulated services for Transport for London (TfL).
Commenting on the transaction, Go-Ahead's Group Chief Executive,
Keith Ludeman said "The acquisition of Arriva's Bus interests in
Horsham provides Go-Ahead with another opportunity to further
develop Metrobus' high quality service offer and benefits to
For further information, please contact:
|Keith Ludeman, Group Chief Executive
||020 7821 3920|
|Nick Swift, Group Finance Director
||020 7821 3922|
|Jim Boyd, Group Corporate Affairs Director
||020 7821 3927|
|Citigate Dewe Rogerson
||020 7638 9571|
Notes to Editors
Go-Ahead is one of the UK's leading providers of passenger
transport services operating in the bus, rail and aviation services
sectors. Employing over 27,000 people across the country, around
920 million passenger journeys are undertaken on our services each
year. In addition to the travelling public, customers include the
Department for Transport (DfT), TfL, local authorities, British
Airports Authority (BAA) and major airlines.
Metrobus' fleet of over 400 buses runs local services in and
around Crawley and throughout parts of Sussex, Surrey and Kent, as
well as tendered services for Transport for London (TfL) in Croydon
The TfL league tables, which report operator performance on a
range of punctuality and reliability measures, consistently place
Metrobus among their highest achievers.
Metrobus operates the acclaimed Fastway service which connects
Gatwick Airport, with Crawley, Horley and Redhill through a network
of dedicated bus lanes and guideways, shortening journey times and
avoiding traffic hotspots. Fastway 10 is one of the most successful
night services outside a major city, running a 24-hour service to
Gatwick Airport so that customers have an alternative to the car
whenever they travel.
The average age of Metrobus' fleet is only 5.3 years,
substantially below the industry average and the Government's
industry target of eight years.
Go-Ahead is one of the UK's largest bus operators. With a fleet
of over 3,400 buses, we carry, on average, around 1.6 million
passengers every day. Our operations are focused on high density
commuter markets. We have a strong presence in London where we
provide regulated services for TfL. We operate deregulated services
in the north east; Oxford; the south east and southern England.
The rail operation, Govia, is 65% owned by Go-Ahead and 35% by
Keolis. It is the busiest rail operation in the UK, responsible for
nearly 30% of all UK passenger rail journeys through its three rail
companies: Southern (which includes the Gatwick Express),
Southeastern and London Midland. The Southeastern franchise will
include the operation of new high speed trains on the domestic
Channel Tunnel Rail Link into St Pancras International from 2009,
significantly reducing current journey times.
For further information about our rail franchises please visit
The Group's aviation services division is one of the UK's
largest independent providers of cargo services (primarily Plane
Handling), ground handling (primarily Aviance UK) and car parking
(Meteor). The division operates from 14 airports and services major
airline operators such as British Airways (BA), Virgin and bmi.
Market leading services within Meteor include 'Meet & Greet'
and 'Pink Elephant' services.