Nobina has signed an agreement to acquire the Oulu-based bus companies Revon Turistiliikenne Oy and Repo-Lines Oy. With the acquisitions, Nobina strengthens its position as an industry player outside the capital region. At the same time, Nobina is expanding its contract portfolio, creating opportunities for utilizing synergies between existing contracts, depots and a broader service offering.
With the acquisitions, Nobina will gain approximately 80 employees and approximately 85 buses that operate public transport, school transport and other service and charter traffic.
"We are happy to welcome the new employees to Nobina. Together with these resources and expertise, we will be able to develop bus transport in the Oulu region. In cooperation with Revon Turistiliikenne Oy and Repo-Lines Oy, we are building a new kind of entity to improve our service operations and competitiveness," says Topi Simola, CEO of Nobina Finland.
"It feels good to sign an agreement with a large and long-standing player like Nobina. Nobina has significant experience in operating electric buses. It is great to be able to develop the bus business in Northern Finland together. This deal brings security to both our passengers and employees and ensures that the journey continues with our new, shared strengths," says Ari Repo, who will continue as CEO of Revon Turistiliikenne Oy.
"Our growth journey continues through acquisitions, successful bids and business expansion. We are constantly analyzing and evaluating new acquisitions that can promote our growth and enable us to utilize the synergies of Nobina's scale and technical expertise to develop the public transport market," says Henrik Dagnäs, CEO of Nobina Group.