Rambler Group Holdings has successfully acquired Mortons Travel from National Express.
Mortons Travel is a Basingstoke-based coach operator, previously part of the National Express family.
It has been acquired by Rambler Group Holdings as part of Rambler’s mission to broaden its service offerings and market reach.
The terms of the deal were finalised on 3 September, but remain undisclosed.
This acquisition secures the future of all 35 employees at Mortons Travel, including drivers.
All pre-existing bookings and services will also proceed as scheduled for customers of Mortons Travel. This includes the company’s scheduled school transport services for the new school year.
Qasim Ahmed, Chief Executive Officer, Rambler Group Holdings, said:We are pleased to announce the strategic acquisition of Mortons Travel and look forward to building on its current success. The acquisition reflects our commitment to growth and innovation, enhancing our service offerings with a fleet of over 175 coaches and expanding our reach in the market.
All existing booked orders will continue as usual, with the same high-quality service customers have come to expect. We remain focused on driving progress with a fresh perspective, a dedication to excellence, and an unwavering commitment to customer satisfaction.
This acquisition is seen as a strategic move for both companies. It aligns with National Express’s goals of reinforcing its balance sheet and optimising its operations.
Mark Heffernan, Chief Safety and Operations Officer, National Express, said:We were pleased to complete this deal with Rambler Group Holdings as a key part of our business strategy. This sale enables us to increase efficiency and utilisation in our scheduled coach and private hire network and to deliver engineering work more efficiently from other depots.
