Arriva Group acquires majority stake in Croatia’s Autotrans Group

By bne IntelliNews August 22, 2017

Deutsche Bahn-owned Arriva Group said on August 21 it is acquiring a 78.3% share in Croatia’s largest bus operator, Autotrans Group.

Investing in Croatia is part of Arriva’s continuing strategy of expansion throughout Europe. Arriva has operated in Croatia since 2013, and the deal will strengthen the company’s business in the country.

Autotrans Group provides long distance and local services throughout the country.

“We are always looking for opportunities where we believe our experience and skills can make a real difference to passenger transport services in Europe. Croatia, and more broadly Central and Eastern Europe, represents an important growth opportunity for our expanding business and the Autotrans Group represented a good strategic fit for us,” Manfred Rudhart, Arriva Group CEO said.

Arriva runs a wide range of bus services in Croatia, many of which are non-contractual internal routes to countries such as Germany, Switzerland and France. In Zagreb and across the Osijek region, Arriva provides daily passenger services for schools and regional public transport routes.

Arriva operates in 14 countries across Europe, employing around 60,000 people and delivering more than 2.2bn passenger journeys every year.

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