Finglands sale to First Manchester cleared by OFT

Finglands sale to First Manchester cleared by OFT
Finglands Volvo B10BLE with Alexander ALX300 bodywork W415 JAT (1707) proceeds along Oxford Road.Tom Harrison

In January, First Manchester’s £50,000 bid to buy the firm was complete thanks to the green light from the Office of Fair Trading.

East Yorkshire Motor Services group owned Finglands, which was established in 1907 and has been running services across the city for decades, is set to be swallowed up by First Manchester although as I posted in 2013, the bid was subject to the Office of Fair Trading clearing the deal.

The deal will see the firm’s 41-strong fleet of white buses with beige, orange and brown stripes taken off the streets of south and east Manchester.

The firm’s 100 workers will move over to First in the hand-over on the 9th February 2014. First will also acquire the lease of the depot on Wilmslow Road in Rusholme although the current buses are not included in the purchase, however, it is expected that First will use them at first to meet demand. Bosses at Finglands’ owners East Yorkshire Motor Services group have indicated, their fleet will be used elsewhere.

This sees commercial competition on the Oxford Road/Wilmslow Road corridor, often reputed to be the busiest bus route in Europe, whittled down to just Stagecoach Manchester and First Manchester.

Tom Harrison
ADMINISTRATOR
PROFILE

Latest Posts

Sponsored




Leave a Comment

Your email address will not be published. Required fields are marked with *

Latest Posts

Sponsored




Top Authors

Most Commented

Featured Video