Article: Transport group continues expansion

TRANSPORT group Arriva is to buy two Dutch bus groups for 47m as part of its continued expansion into Europe.

The moves mark Arriva's biggest overseas acquisition to date, which, along with its existing operations in the Netherlands, gives it more than 20 per cent of the total Dutch bus market.

The two companies being bought by the Sunderland-based group are Veonn and Hanze. They are being bought from the Dutch state-owned VSN group. Veonn and Hanze have 3,500 staff between them and operate 750 buses, 700 minibuses, taxis and ambulances in 30 towns, mostly in the North of Holland. The two groups also include two maintenance companies as well as a small ferry operation and minibus and ...

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