Selwyn’s Travel Group has bought Hayton’s out of administration. The news follows the recent take over of the Hayton’s bus operations by Bluebird Bus & Coach (CBW1013).
Hayton’s will continue to be run under its own name, with its existing management team.
Haytons MD, Barry Hayton, said: “Recent trading has been particularly challenging resulting in the need for the firm to look for a strategic partner who could provide a stronger platform for the future. We feel we’ve managed to achieve this with the sale of the business.”
Paul Stanley of adminstators Begbies Traynor, said: “We’ve been able to save 60 jobs and sell the firm as a going concern to another quality operator. The major issue here was the acceptability of potential purchasers to the two largest customers (one of which was National Express). Sensible negotiations between all parties have enabled a sale.”
