Alexander Dennis Limited has been sold to a North American bus builder, but boss Colin Robertson is staying on to lead new international expansion

 
Colin Robertson (left), pictured in Edinburgh with Paul Soubry, NFI’s President and CEO

 

The UK’s largest bus builder, Alexander Dennis Limited, claims that its sale to Canada-based NFI Group Inc. will “create a platform for international growth, accelerated technology development and innovation”.

It was announced this week that ADL had been acquired by North America’s largest and most diversified bus and coach manufacturer in a £320m deal.

ADL will retain its own brand and chief executive Colin Roberston, who has led the growth and internationalisation of the Falkirk-based company for more than a decade, will stay on. He will also be tasked with driving NFI’s global growth ambitions.

I’m excited to have the ADL team join NFI – one great bus company joining another

“We are incredibly proud of the growth and success we’ve had building Alexander Dennis over the past 15 years, and I’m excited to have the ADL team join NFI – one great bus company joining another,” said Robertson.

“We believe our consolidated businesses will enhance NFI’s market leading position in North America, while improving NFI’s offering through combined engineering expertise, supplier partnerships, electric vehicle know-how and aftermarket platforms. I look forward to continuing our solid progress at ADL and also championing further international growth for NFI.”

ADL’s primary shareholders, including Robertson and Stagecoach chairman Sir Brian Souter, retain an equity interest in the business, having been issued shares in NFI Group Inc. as part of the transaction.

 
Further coverage appears in the latest issue of Passenger Transport.

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