Deal Background
Rambler Group Holdings has purchased Mortons Travel coach company from National Express.
Established in 2004 and based in North Hampshire, Mortons Travel is a business travel and coach hire company offering a wide range of transport solutions from private hire and corporate events to school transport and European tours. Mortons Travel is renowned for reliable and safe school services.
How Langtons Helped
Langtons acted for Rambler Group Holdings, advising and supporting them throughout the process of the acquisition of Mortons Travel including in negotiating and agreeing the transaction and supporting through the legal process.
Results
The acquisition was completed successfully and represents a continued statement of growth by Rambler.
Qasim Ahmed, Chief Executive Officer at Rambler Group Holdings, said: "We are pleased to announce the strategic acquisition of Mortons Travel and look forward to building on its current success. The acquisition reflects our commitment to growth and innovation, enhancing our service offerings with a fleet of over 175 coaches and expanding our reach in the market. We remain focused on driving progress with a fresh perspective, a dedication to excellence, and an unwavering commitment to customer satisfaction."
"We would like to extend our gratitude to Simon Mills and his team from Langtons Professional Services for their invaluable guidance and support throughout this acquisition process."
Rambler Group Holdings - Qasim Ahmed
