Andersen advises The Bus on the integration of Socibus
Andersen has advised The Bus, a passenger transport company, on the integration of the Socibus Group, one of the most renowned companies in regular road passenger transport. With this move, both companies combine their capabilities, experience and resources.
It also allows The Bus to expand its geographical coverage and strengthen its position as a key operator in regular and discretionary passenger transport.
The Bus operates in different parts of Spain and is committed to providing national and international services. It has an annual turnover of more than £20 million and a workforce of more than 200 professionals. The integrated company, Grupo Socibus, is one of the most recognised companies in regular road passenger transport, with a track record of more than three decades. Its annual turnover exceeds £30 million and it has more than 300 employees.
The advisory services were led by Fernando de Rasche, Commercial/M&A counsel at Andersen, together with María García-Granero, senior associate in the same department.
