Abellio management buy-out

[TheBigD]

I don't think it's been answered up thread but who is funding this MBO?

 

[306024]

I don't think it's been answered up thread but who is funding this MBO?

Dominic is busking at Tottenham Court Road later today

But yes good question, considering the Japanese involvement too:

https://www.railforums.co.uk/threads/abellio-greater-tokyo.140521/

 

[SCDR_WMR]

Will Matsui and Japan East Railway continue?

 

[Sleepy]

Will Matsui and Japan East Railway continue?

40% Mitsui continues we've been told.

 

[trebor79]

Maybe it's an MG Rover situation and they're happy with a tenner so they can walk away?

 

[dk1]

Never a dull moment lol.

 

[dorsetdesiro]

Sooo.... it's to rebrand as "Transport UK Group", oh dear, shades of GTR here. A customer facing name, as Abellio is by Nederlandse Spoorwagen, could be brought in - maybe "Movia" or "Expresso" something like that? Terrible suggestions I know

Seems obvious it's not going to OLR/DfT for now, a stopgap measure until GBR begins. This new company possibly could end up running some region for GBR under the GBR livery as Abellio are with the London buses in the uniform red livery.

 

[Adrian1980uk]

Sooo.... it's to rebrand as "Transport UK Group", oh dear, shades of GTR here. A customer facing name, as Abellio is by Nederlandse Spoorwagen, could be brought in - maybe "Movia" or "Expresso" something like that? Terrible suggestions I know

Seems obvious it's not going to OLR/DfT for now, a stopgap measure until GBR begins. This new company possibly could end up running some region for GBR under the GBR livery as Abellio are with the London buses in the uniform red livery.

We'll providing finances are ok, Greater Anglia from a service point of view are doing as well as any TOC so no need for OLR in that case.

 

[Goldfish62]

Sooo.... it's to rebrand as "Transport UK Group", oh dear, shades of GTR here. A customer facing name, as Abellio is by Nederlandse Spoorwagen, could be brought in - maybe "Movia" or "Expresso" something like that? Terrible suggestions I know

It's not a re-brand. Transport UK is the new company. It can brand itself as anything. None of the rail contracts use the name Abellio so there's no need to change them. The only UK operation that trades using the Abellio name is its London bus operation and that can be renamed as anything.

 

[northwichcat]

Transport UK Group sounds like a name investors in Shanghai or Mumbai would come up with when launching UK operations, not something a UK based consortium would think of. Hopefully, they put more thought in to operational decisions!

 

[Energy]

Transport UK Group sounds like a name investors in Shanghai or Mumbai would come up with when launching UK operations, not something a UK based consortium would think of. Hopefully, they put more thought in to operational decisions!

I'd imagine that its just a name for now and they might rebrand later. The brand of the parent company doesn't matter too much if they don't want to put the branding on their companies.

 

[Goldfish62]

I'd imagine that its just a name for now and they might rebrand later. The brand of the parent company doesn't matter too much if they don't want to put the branding on their companies.

Exactly.

 

[XAM2175]

Transport UK Group sounds like a name investors in Shanghai or Mumbai would come up with when launching UK operations, not something a UK based consortium would think of. Hopefully, they put more thought in to operational decisions!

What would you be expecting from a UK-based consortium?

 

[Goldfish62]

What would you be expecting from a UK-based consortium?

It's not a consortium.

 

[XAM2175]

It's not a consortium.

My question was to the person who described it as one.

 

[Goldfish62]

My question was to the person who described it as one.

Fair enough.

 

[317 forever]

This means that 5 of the 10 London bus companies will have changed ownership this year:

DWS - Stagecoach, Tower Transit, HCT
Kinetic - Go-Ahead
Transport Group UK - Abellio

No change to Arriva, Metroline, RATP, Uno or Sullivan. Not yet anyway!

 

[Goldfish62]

This means that 5 of the 10 London bus companies will have changed ownership this year:

DWS - Stagecoach, Tower Transit, HCT
Kinetic - Go-Ahead
Transport Group UK - Abellio

No change to Arriva, Metroline, RATP, Uno or Sullivan. Not yet anyway!

Just as well that Abellio UK is going to a management buyout, otherwise Sullivan's and Uno would be the only UK-owned operators running TfL services!

 

[MML]

I wonder if they will decide to rebrand EMR as part of new management strategy. After all it's about time, it's taken 2 years to repaint 70% of the 360 fleet. Surely it'll be time for a rebrand just as they finish painting the last one.

I'll get my coat.....

 

[317 forever]

Just as well that Abellio UK is going to a management buyout, otherwise Sullivan's and Uno would be the only UK-owned operators running TfL services!

It could still eventually get taken over by an international player, such as Transdev.

But yes, for all the intention for bus and rail services by private companies, they are mostly being run by established international companies instead.

 

[MotCO]

I'd imagine that its just a name for now and they might rebrand later. The brand of the parent company doesn't matter too much if they don't want to put the branding on their companies.

The corporate name need not be the same as the name plastered on the sides of trains or buses.

 

[Goldfish62]

The corporate name need not be the same as the name plastered on the sides of trains or buses.

Indeed, for example :

East London Bus & Coach Company Ltd
South East London & Kent Bus Company Ltd
Lea Interchange Bus Company Ltd

All use the name "Stagecoach".

First MTR South Western Trains Ltd uses the name "South Western Railway".

First South West Limited uses :

The Buses of Somerset
Cornwall by Kernow
Adventures by Bus
Truronian

Etc, etc.

 

[pdeaves]

Did anything come of the buyout, which was slated to be complete in December? I note that the Greater Anglia website still references Abellio. Still going through (slowly)? Abandoned?

 

[Carlisle]

Did anything come of the buyout, which was slated to be complete in December? I note that the Greater Anglia website still references Abellio. Still going through (slowly)? Abandoned?

That’s an interesting question, nothing seems to have been mentioned in the official media since August

 

[Goldfish62]

That’s an interesting question, nothing seems to have been mentioned in the official media since August

It's not happened yet. That's all I know.

 

[lookapigeon]

Indeed, for example :

East London Bus & Coach Company Ltd
South East London & Kent Bus Company Ltd
Lea Interchange Bus Company Ltd

All use the name "Stagecoach".

First MTR South Western Trains Ltd uses the name "South Western Railway".

First South West Limited uses :

The Buses of Somerset
Cornwall by Kernow
Adventures by Bus
Truronian

Etc, etc.

Your "trading as" name can always be separate to your legal company name, however, you must always declare the latter which is why it is always on the foot of the website, side of the bus etc.

 

[dk1]

As an employee we have heard nothing whatsoever internally since last summer.

 

[Goldfish62]

Your "trading as" name can always be separate to your legal company name, however, you must always declare the latter which is why it is always on the foot of the website, side of the bus etc.

Correct.

 

[popeter45]

as somebody involved with mangment buyout abet of a much smaller company these things never happen in the originally anticipated timeframe, prob stuck in contract negotiation hell

 

[Bald Rick]

It's not happened yet. That's all I know.

It’s still happening.