M&A Deal Summary

Blazefield Holdings Acquires Stagecoach

On April 26, 2001, Blazefield Holdings acquired transportation company Stagecoach from Stagecoach Group for 13M GBP

Acquisition Highlights
  • This is Blazefield Holdings’ 1st transaction in the Transportation sector.
  • This is Blazefield Holdings’ largest (disclosed) transaction.
  • This is Blazefield Holdings’ 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2001-04-26
Target Stagecoach
Sector Transportation
Buyer(s) Blazefield Holdings
Sellers(s) Stagecoach Group
Deal Type Divestiture
Deal Value 13M GBP

Target

Stagecoach

Carlisle, United Kingdom
Stagecoach (North West) Ltd. is a provider of public transportation services. Company employing some 500 staff running about 230 vehicles.

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Buyer(S) 1

Buyer

Blazefield Holdings

Harrogate, United Kingdom
Category Company
Sector Transportation
DESCRIPTION

Blazefield operates just over 300 vehicles across its operating companies - Burnely & Pendle, Harrogate & District, Keighley & District, Lancashire United and Yorkshire Coastliner. The company is recognised as a renowned innovator and has invested heavily in premium vehicles for dedicated routes such as the leather-seated Wrightbus double-decks on the 36 in Harrogate and The Witches Way, Pendle.

DEAL STATS #
Overall 1 of 1
Sector (Transportation) 1 of 1
Type (Divestiture) 1 of 1
Country (United Kingdom) 1 of 1
Year (2001) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Stagecoach Group

Perth, United Kingdom
Category Company
Founded 1980
Sector Transportation
Employees24
Revenue 1.2B GBP (2022)
DESCRIPTION

Stagecoach Group is a public transport provider in the UK and North America. Stagecoach Group was founded in 1980 and is based in Perth, United kingdom.

DEAL STATS #
Overall 3 of 11
Sector (Transportation) 2 of 9
Type (Divestiture) 3 of 10
Country (United Kingdom) 3 of 6
Year (2001) 2 of 3
Size (of disclosed) 7 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-01-22 Glasgow Prestwick International Airport

Prestwick, United Kingdom

Glasgow Prestwick International Airport own and operate the Glasgow Prestwick and Kent International airports. The company also offers air navigation services.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-06-18 Stagecoach Portugal

Sintra, Portugal

Stagecoach Portugal offers bus transportation services and runs 135 vehicles on services around Sintra and Cascais to the west of Lisbon. The company is based in Sintra, Portugal.

Sell £14M
Mergr

Product

Company

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