LONDON, UK: Rotala Group Limited (RGL) has reached on agreement to acquire Rotala Plc at the rate of 63.5 pence in cash/share valuing the entire issued and to be issued share capital of Rotala Plc at approximately £23.5 million. Rotala Group Limited (RGL) is a private limited company formed specifically for the purpose of the…
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Rotala Plc to sell Bolton Depot and buses
LONDON, UK: Rotala Plc (AIM: ROL.L), an operator of bus routes in the UK for businesses, local authorities and the general public, has announced that it has exchanged contracts with Transport for Greater Manchester (“TfGM”) and the Greater Manchester Combined Authority (“GMCA”) in relation to the conditional disposals of its Bolton depot and the majority…
Rotala plc acquires Johnsons Henley’s entire bus service business and fleet
LONDON, UK: Rotala plc (AIM: ROL) announced the acquisition from Johnsons (Henley) Limited of its entire bus business and 20-strong fleet, for a cash consideration of £936,000 payable on completion. The business being acquired is a well-established operator of commercial and contracted bus services in Warwickshire and the southern West Midlands. The acquisition is expected…