ITALY Arriva has bought Savda from the Bordon family. Based in Italy’s northern Aosta Valley, it operates almost 50% of the region’s local bus network as well as private hire and long distance routes to Turin, Milan and into Switzerland and France. A fleet of over 100 vehicles is based across three depots and there are 145 employees generating annual revenue of £9m.
The acquisition sees Arriva continuing to grow in northern Italy where it now employs 3,550 people and operates 2,400 buses across the Lombardy, Piedmont, Liguria and Friuli Venezia-Giulia regions.
Leopoldo Montanari, Managing Director of Arriva Italy said: “We are delighted to bring Savda into the Arriva Italy family and look forward to investing further into the business in the months and years ahead.
“Arriva has always invested in local communities across Italy and we have proven that, working closely with local authorities, we can provide effective and efficient public transport services.
“Savda is an established business and considerably grows our presence in the bus market across the Aosta Valley and the area surrounding Turin.”
To ensure a smooth transition, Giuseppe Proto, Managing Director of Arriva’s Turin-based Sadem bus operation and Arriva Italia Rail, will become Savda Managing Director.
