Investing.com - Financial Markets Worldwide

FirstGroup acquires Ireland’s Matthews Coach Hire

Published 04/02/2025, 08:28
© Reuters.
FGP
0.09%

Investing.com -- FirstGroup, a British transport group, has announced on Tuesday the acquisition of Matthews Coach (NYSE:TPR) Hire, an Ireland-based bus operator.

The details of the financial transaction were not disclosed.

The acquisition of the family-owned coach and bus operator is expected to increase FirstGroup’s access to the non-airport commuter market in Ireland.

Matthews Coach Hire operates more than 40 vehicles and has commercial routes that could be beneficial to the British firm.

Included in the deal are the company’s fleet, its commercial routes, and a freehold depot that is situated between Dublin and Belfast.

The acquisition of these assets is expected to enhance FirstGroup’s operations in the region.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.