++ Transdev Group has completed the sale of its long-distance coach service to FlixBus on April 30, 2019 ++ FlixBus to grow the world’s largest bus network – green and smart mobility for everyone
Paris/Munich, 02/05/2019 – International mobility providers FlixBus and Transdev Group have come to an agreement in their exclusive negotiations about FlixBus buying the Eurolines and isilines long-distance coach services. The negotiations about the sale, which began on March 4, were finalized April 30, 2019. The Eurolines/isilines brands and businesses now officially belong to FlixBus.
This includes the Eurolines operating businesses in France, The Netherlands, Belgium, Czech Republic and Spain, with a bus network spanning more than 25 countries. Eurolines also operates under the isilines brand domestically in France. In the markets with Eurolines businesses, the respective FlixBus managing directors will oversee the respective companies.Transdev Group retains its B2B bus rental activities in France, which will be operated under the Transdev brand (formerly isilines).
Expanding FlixBus’ European reach
As of today, and during the coming months, FlixBus and Eurolines employees will begin working together in order to integrate their organizations and networks.
Jochen Engert, founder and CEO of FlixBus: “We want to offer green and affordable mobility to travelers all over the world. The Eurolines and isilines long-distance route networks enable us to expand our European reach even further. After assessing the businesses, we will see to do what we have always been doing best: having the best offer for the customer, in network and in service.”
Thierry Mallet, Chairman and Chief Executive Officer of Transdev Group: "Our teams were able to quickly and efficiently conduct negotiations with FlixBus to sell Transdev Group's long-distance coach business. This sale is part of Transdev's new strategic plan to focus our resources on the core of our business, public transit and B2B transportation services, by combining performance at best cost, technological and digital innovation, specifically to improve the customer experience"
Harmonizing the networks in order to prepare the business for years to come
Since entering the German market in 2013 and the French market two years later, FlixBus has proven that it is possible to significantly increase quality and be profitable in this highly competitive industry. Engert: “By harmonizing the networks we have one strong combined offering instead of parallel services. The integration of the Eurolines business strengthens our European network and complements our further growth in key European markets.”