SLOVENIA Arriva has confirmed the acquisition of Kranj-based Alpetour which operates 220 buses on approximately 292 routes across the Gorenjska region including the country’s capital, Ljubljana.
Established in 1947, the business employs 447 people with annual revenues of €36m in 2014. It will continue to be led by Chief Executive Ivanka Zupancic Gaber with the Alpetour brand being retained alongside Arriva’s in Slovenia.
The acquisition sees Arriva doubling the size of its operations in Slovenia, where it already operates bus services in Maribor, Koper, Novo Mesto and in Ljubljana. It brings the number of the company’s employees in the country to 975 and increases its fleet to 540.
Marco Piuri, director of Arriva’s Southern, Central and Eastern European region, said: “The acquisition of Alpetour is an important strategic development for Arriva in Slovenia and significantly accelerates our growth in a country and in a region where we have an established presence.
“Alpetour is a respected business with an impressive track record of delivering for clients and customers in Slovenia. Now part of Arriva, we look forward to developing the business further alongside the management team and Alpetour’s employees.
“The acquisition comes just over two years since Arriva entered the Slovenian bus market. Since then we have built up a presence in key markets, winning new contracts and forging lasting relations with tendering authorities.”
In May 2013 Arriva became the largest international passenger transport operator in Central and Eastern Europe following their acquisition of Veolia Transdev Central Europe (VTCE).
The acquisition of VTCE expanded Arriva’s operations in existing markets in Czech Republic, Poland and Slovakia, and saw the business enter new markets in the Adriatic countries of Slovenia, Serbia and Croatia.