Major Bus Deal Revealed

Leading British bus and coach builder, Alexander Dennis Limited (ADL), has been acquired by NFI Group Inc. (NFI), estimated to be North America’s largest and most diversified bus and coach manufacturer.

The transaction creates an independent global bus and coach manufacturer with market leading positions in the United Kingdom, North America and Hong Kong plus a growing footprint elsewhere in Asia Pacific, Latin America and Europe, the companies said.

ADL will retain its own brand and chief executive Colin Robertson, who has led the growth and internationalisation of the company over more than ten years, and chief financial officer, Michael Stewart, will continue to lead ADL. They will also be tasked with driving NFI’s international growth ambitions.

ADL is one of the world’s leading independent bus and coach manufacturers offering Alexander Dennis single and double deck buses and Plaxton coaches.

Headquartered in Scotland, ADL employs over 2,500 people with more than 31,000 vehicles in service and operations in the United Kingdom, Ireland, Europe, Hong Kong, Singapore, Malaysia, New Zealand, Mexico, Canada and the United States.

NFI has more than over 6,300 employees operating from facilities across Canada and the United States, NFI brands include New Flyer (heavy-duty transit buses), ARBOC (low-floor cutaway and medium-duty buses), MCI (motor coaches), and NFI Part (parts, support and service).

 

Caption: Paul Soubry, NFI president and chief executive officer, right, and Colin Robertson, ADL chief executive

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