First Manchester

[gilesbus1]

RE: First Manchester

(25/02/2019 19:26)Bevan Price Wrote:  May not be relevant to First Bus changes, but the Rotala group website includes this statement:-


"The Group performed well in 2018 and, with a strong management team and a comprehensive network of operating facilities, is well placed to take advantage of these continuing developments in the bus industry. Such uncertainty brings opportunity to groups like Rotala and the Group is well placed to take advantage of any acquisition opportunities that may arise."


http://otp.investis.com/clients/uk/rotal...id=1228135

I think with much lower finances they are looking at much smaller purchases, with say around no more than 80 buses at a time. Bolton maybe to big for them to acquire as its not just the purchase cost its also the cost of renewing the fleet, the purchasing system current operated as a few new batches every now and again all on lease and the odd recent secondhand purchase wouldn't be sufficient to renew the fleet at Bolton, lets not forget they are current withdrawing 20 year old Dennis Tridents at Preston. I just don't see them as a serious runner, the more likely purchase for these is the Arriva depots at Bolton and Wythenshawe and maybe an independent like Jim Stones or Vision Bus.