ComfortDelGro Corporation Ltd has acquired New Adventure Travel Ltd (NAT Group) of Cardiff.
The £13.4m acquisition will be the group’s first expansion of its bus operations outside of London, where its wholly-owned subsidiary, Metroline Ltd, is the second largest public scheduled bus operator with a fleet of 1,700 vehicles.
ComfortDelGro Managing Director/Group CEO, Yang Ban Seng, said: “We have been operating coach and bus services across the UK and Ireland for close to two decades. With this addition of NAT Group, we are broadening our footprint into Wales, and expanding the bus operations outside of London which has always been our strategic intent.
“We look forward to serving the people of South Wales and introducing new and improved services to meet their travel needs.”
Kevyn Jones, Managing Director of NAT Group, said: “Following a decade of growing this business, we are delighted it has now become part of the ComfortDelGro Group.
“We feel their expertise and financial strength will give us a great platform to continue to grow, improve and develop public transport in South Wales.”
NAT Group currently operates a fleet of 117 coaches and buses across four depots in Cardiff, Swansea, Newport and Pontypridd. It operates commercial and contracted scheduled bus services and also has a fleet of coaches, which operates on local contracts, as well as UK and European private hire and holiday work. The company also transports professional sports teams including Swansea City Football Club, the Newport County team and supporters and Cardiff City supporters.