Mobico Group - National Express 2010s - C

Mobico Group - C
 
National Express 2010s
  • During February 2013, National Express Germany was awarded two regional rail contracts by the Verkehrsverbund Rhein-Ruhr, Zweckverband Nahverkehr Rheinland and Zweckverband Nahverkehr Westfalen-Lippe authorities that commenced in December 2015.
  • In January 2015, the Bayerische Eisenbahngesellschaft announced that National Express had been selected to operate the Nuremberg S-Bahn system from December 2018. It was to have been the first Deutsche Bahn S-Bahn network to be taken over by a private operator. However, in October 2016, National Express elected to pull out, citing a delay in the ability to order new rolling stock while a challenge brought on by Deutsche Bahn was resolved, would make its bid unviable.
  • In June 2015, it was announced that the parts 2 and 3 of the Rhein-Ruhr-Express which will be introduced in 2018 will be operated by National Express. This includes Regional-Express services RE4, RE5 and RE6 in Northrhine-Westphalia.
  • In December 2016, coach operator Clarkes of London was purchased with 56 vehicles. In March 2020, Lucketts Travel was purchased.
Mobico Group Takeover Attempt and Rebranding
  • During September 2021, it was reported that National Express had entered into talks to acquire Stagecoach Group. In December 2021, a deal was agreed between the boards of the two companies: however, it was subject to both shareholder approval and regulatory scrutiny. Having originally recommended shareholders accept the National Express offer, in March 2022, the Stagecoach board of directors withdrew its recommendation in favour of a takeover offer from a DWS managed investment fund.
  • In January 2023, the coach excursion business of seven National Express Transport Solutions companies (Coliseum Coaches, Lucketts Travel, Mortons Travel, Solent Tours, Stewarts Tours, Woods Tours and Worthing Coaches) were brought together under the 'Touromo' brand. Touromo aimed to provide day trips and short breaks to destinations across the UK and Europe as one combined brand, and National Express planned to expand the brand outside the West Midlands and South East England to operate across the United Kingdom.
  • Six months later, however, it was announced that Touromo was to cease operations and that National Express Travel Solutions was to cease offering day trips and holiday excursions in October 2023.
Mobico Group Overview
 
Mobico Group Formerly: National Express Group
Mobico Group Type: Public limited
Mobico Group Traded As: LSE: MCG
Mobico Group Industry: Public transport
Founded 1972: National Express branding
Mobico Group 1992: National Express Group plc
Mobico Group Founder: National Bus Company
Headquarters: Birmingham, England
Mobico Group Area Served:
Europe
North America
Mobico Group Key People:
Helen Weir
(Chairperson)
Ignacio Garat
(Group Chief Executive)
Mobico Group Services:
Bus
Coach
Train
Tram
Mobico Group Revenue Increase: £2,807.5 million (2022)
Mobico Group Operating Income: Increase £197.3 million (2022)
Mobico Group Net Income: Decrease £(220.7) million (2022)
Mobico Group Number of Employees: 44,500 (2023)
Mobico Group Subsidiaries: Clarkes of London
The Kings Ferry
Lucketts Travel
National Express Coaches
National Express Coventry
National Express Germany
National Express West Midlands
 
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Rail Vacations
Luxury Trains
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International Trains
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