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Stagecoach Stagecoach is to close its bus depot in Louth in September, and the staff will relocate to sites in Grimsby and Skegness. 10-Jun-2008 Stagecoach has acquired Highland Country Buses and Orkney Coaches from Rapsons Coaches, with the transfer of 200 vehicles, 400 staff and bus depots in Inverness, Aviemore, Fort William, Portree, Thurso, Wick and Orkney. 20-May-2008 Stagecoach is to close its Milethorne Lane bus depot in Doncaster with the loss of 12 maintenance and management jobs. 13-May-2008 Stagecoach is to invest £71m in the acquisition of 584 new buses, in order to improve inner-city and rural services throughout the country. 06-Dec-2007 Stagecoach is planning to set up a £4m fast ferry service between Torquay and Brixham by 2009. 21-Nov-2007 Stagecoach has won the franchise to operate the new East Midlands rail service until 2015, including Midland Mainline routes from London St Pancras and the eastern section of Central Trains. 25-Jun-2007 Stagecoach has acquired Cooks Coaches, the Somerset-based coach operator with 60 vehicles and 112 staff, for undisclosed terms. 17-May-2007 Stagecoach has been selected as preferred bidder to operate and maintain the Manchester Metrolink for the next seven years. 04-Apr-2007 Stagecoach and Scottish Citylink have been ordered by the Competition Commission to sell off some of their inter-city bus services in Scotland, in order to win approval for their joint venture. 24-Oct-2006 Stagecoach is to invest £11m in the acquisition of 45 new Volvo and Plaxton coaches for its budget Megabus operation by next May. 10-Oct-2006 Stagecoach has won the franchise to operate South West Trains for a further ten years, and will invest £40m in station improvements. 25-Sep-2006 Stagecoach is to sell its London bus operations to Macquarie of Australia for £264m, including 1,300 buses and 4,300 staff. 26-Jun-2006 Stagecoach is planning to set up a hovercraft service across the Forth between Fife and Edinburgh by late 2007. 06-Apr-2006 Stagecoach is to take control of Duke's Travel, the independent bus operator in the Forest of Dean with 35 staff. 23-Feb-2006 Stagecoach is planning to expand its fleet by investing £50m in the purchase or more than 460 new buses. 14-Feb-2006 Stagecoach has acquired Traction Group, the bus operator with services in Yorkshire, Lincolnshire and Tayside, for £26m. 16-Dec-2005 Stagecoach is to sell its New Zealand bus and ferry operations to Infratil for about £100m. 22-Nov-2005 Stagecoach has acquired Glenvale Transport, the Merseyside-based bus company, for £3.4m. 14-Jul-2005 Stagecoach is to expand its nationwide bus operations over the next 12 months, having ordered 340 new vehicles from Alexander Dennis, MAN and Optare. 16-Mar-2005 Stagecoach is considering plans to launch a commuter ferry service between Fife and Edinburgh, due to increasing congestion on the Forth Road Bridge. 17-Aug-2004 Stagecoach is to launch a low-cost intercity bus service called Megabus next month, using double-decker buses to link 12 cities to London. 19-Feb-2004 Stagecoach is to close its bus depot in Kirkcaldy next spring, in order to relocate up to 200 jobs to Glenrothes and Aberhill. 12-Dec-2003 Stagecoach has sold its Coach USA taxi operations in Texas to Texas Taxi for £17m. 19-Sep-2003 Stagecoach has sold its Citybus business in Hong Kong to New World First Bus Services for £176m. 10-Jun-2003 Stagecoach has agreed to sell the west and south-central regions of Coach USA to merchant bank Kohlberg & Co for £93m. 09-Jun-2003 Stagecoach has agreed to sell its Coach USA Transit bus operations in the US to First Transit, a subsidiary of First Group, for about £15m. 23-May-2003 Stagecoach is planning to close about half its transport operations in the US due to a fall in profitability, including charter, tour, sightseeing and taxi businesses. 05-Dec-2002 Stagecoach is forming a joint venture with Wellington Regional Council to operate passenger rail services in New Zealand. 06-Jun-2002 Stagecoach has announced a £17m-a-year cost-cutting programme to improve the fortunes of its North American transport business, which will involve the loss of 585 jobs and the mothballing of 330 vehicles. 07-Dec-2001 Stagecoach and Gallagher Estates have unveiled plans for a £55m rapid transit system for the Cambridge area, which would involve guided buses operating between St Ives and the city and could be up and running in five years. 19-Jul-2001 Stagecoach is considering plans to close or sell up to 20 of its 92 bus depots, following a fall in profit margins. 21-Jun-2001 Stagecoach is selling its Portuguese bus operations to an unnamed company for £14m, as part of a strategy to focus on the UK, US, New Zealand and Hong Kong. 18-Jun-2001 Stagecoach has won a 20 year extension on its franchise to run South West Trains, and will invest £1.7bn on service improvements. 03-Apr-2001 Stagecoach is planning to build a new £4m bus depot in Gloucester, and the old bus garage could be sold to developers. 12-Feb-2001 Stagecoach has sold Glasgow Prestwick International Airport to an international consortium led by Infrastructure & Utilities of New Zealand for £33m, and the site will be managed by Omniport. 23-Jan-2001 Stagecoach has submitted plans for the development of a multiplex cinema and entertainment centre at the bus station site in Exeter. 22-Jan-2001 Stagecoach Cumberland has applied to Copeland council for planning permission to set up a new call centre in Whitehaven, which will involve the transfer of 12 customer enquiry workers currently employed at the bus station. 12-Jul-2000 Stagecoach has acquired JW Coaches & Taxis of Banchory, Deeside, in order to expand its public transport business in the north-east of Scotland. 07-Apr-2000 Stagecoach has announced a conditional agreement to sell its Porterbrook train leasing business to Abbey National for £773m, and will use the proceeds to reduce debt. 04-Apr-2000 Stagecoach is said to be in discussions to sell its Porterbrook train leasing business for about £1bn. 03-Mar-2000 Stagecoach is to integrate its Circle-Line division with the remainder of its Cheltenham and Gloucester-based bus operations, and Circle-Line's Hempsted depot has been closed. 14-Jan-2000 Stagecoach is aiming to double the size of its Coach USA business over the next three years, as part of a strategy to focus on US coach operations and UK rail. 09-Dec-1999 Stagecoach is in discussions with Railtrack about a £1bn plan to upgrade London's Waterloo station, in order to increase capacity and reduce congestion. 02-Dec-1999 Stagecoach is seeking potential partners to take minority stakes in its Porterbrook train leasing business, in order to fund new train orders. 16-Nov-1999 Stagecoach is to sell Swebus to Concordia Bus Sweden for £100m, in order to refocus its bus operation on the US and Asia. 28-Oct-1999 Stagecoach's Rapid Transport International consortium has been confirmed as preferred bidder for the £50m rapid transit scheme in Northampton, which is due to be operational by summer 2001. 14-Oct-1999 Stagecoach has cut 25 jobs from its wages and finance division in Cheltenham, as Cheltenham drivers will now be paid from an office in Manchester. 12-Oct-1999 Stagecoach is forming a joint venture with ERG of Australia and Sema to introduce a national smartcard ticketing network for buses and trains. 24-Sep-1999 Stagecoach is planning to raise £400m in a bookbuilding exercise in order to refinance the recent acquisition of Coach USA. 21-Sep-1999 Stagecoach is in negotiations to invest in the expansion of Miami's Opa-Locka municipal airport in the US. 30-Jul-1999 Stagecoach has placed a £40m order with Falkirk-based Alexander for the supply of at least 300 buses, which should help to secure about 3,000 jobs at component manufacturers across Scotland. 22-Jun-1999 Stagecoach is considering plans for a US listing, following the acquisition of Coach USA for £1.16bn. 15-Jun-1999 Stagecoach is in discussions to acquire Coach USA, the US coach operator, for about £1bn. 12-Jun-1999 Stagecoach has acquired a 35% stake in Sogin, the Italian bus operator, for £23m, and has an option to buy a further 10%. 04-Jun-1999 Stagecoach and Virgin Rail have launched four bus services connecting Virgin's trains to towns near the main west coast line, in order to establish seamless connections between the two forms of transport. 28-May-1999 Stagecoach is considering plans for a £10m extension to the Sheffield Supertram network to connect it to the city's main hospitals complex at Royal Hallamshire. 13-May-1999 Stagecoach is planning to expand its open learning workforce education programme across its UK operations, with the centres being set up at Waterloo station and seven other sites across the country. 12-May-1999 Stagecoach is expanding its Chinese operations through the purchase of a 45% stake in a bus company in Chongquing for £2m. 08-May-1999 Stagecoach is to relocate its head office to a larger building in Perth. 16-Apr-1999 Stagecoach is planning to become the largest bus company in China through joint ventures, equity stakes and partnerships, and has confirmed the £181m acquisition of Hong Kong's Citybus. 18-Mar-1999 Stagecoach is in discussions with Gloucester council to relocate the city's bus station, as one of a number of proposals being considered to improve the city centre. 26-Jan-1999 Stagecoach is planning to acquire Citybus, the Hong Kong bus operator, for £178m, with some of the funding coming from a £140m share placing. 19-Jan-1999 Stagecoach is considering plans to launch a £194m bid for Citybus of Hong Kong, having secured exclusive rights until January to negotiate a deal. 19-Dec-1998 Stagecoach has emerged as a potential bidder for the Via Rail train company, which is to be privatised by the Canadian federal government. 09-Dec-1998 Stagecoach is seeking a new corporate headquarters in Perth and has announced plans to streamline its bus management in the UK to link Scotland with the north-east of England. 08-Dec-1998 Stagecoach is to move National Transport Tokens, the distributor of travel tokens, from Preston to Blackburn. 19-Nov-1998 Virgin Rail has won regulatory approval for its planned tie-up with Stagecoach, on the condition that it pays refunds to passengers on late trains. 08-Oct-1998 Stagecoach, the operator of Prestwick airport, has agreed a 10-year deal with low-cost airline Ryanair that will result in more Ryanair services from Scotland to continental Europe. 05-Oct-1998 Stagecoach has sold its 95% stake in Kenya Bus Services to management for £3m, which completes its withdrawal from Africa. 02-Oct-1998 Jarvis is looking to benefit from rail privatisation in Australia in partnership with Stagecoach and Australia's Goninan. 05-Sep-1998 Stagecoach has acquired a controlling stake in Fullers Group, the New Zealand ferry company, in order to expand its public transport operations in Auckland. 28-Aug-1998 Stagecoach has acquired the Yellow Bus Company in Auckland, New Zealand, for £35m, having beaten off rival bids from a number of other international companies. 11-Aug-1998 Stagecoach is in discussions with a number of banks about forming a joint venture to provide financial backing for its Porterbrook rolling stock leasing business, which would make it easier to win orders for new trains. 05-Aug-1998 Stagecoach is planning to ask for an extension on its South West Trains franchise, as it claims it is making good progress towards meeting its passenger charter standards on punctuality and reliability. 22-Jul-1998 Stagecoach has acquired a 49% stake in Virgin Rail for £158m, which means that Virgin will not now go-ahead with a planned flotation. 23-Jun-1998 Stagecoach has won approval to bid for the Yellow Bus Company in Auckland, New Zealand, reversing a previous decision in which the company was excluded because of its existing operations in the city. 16-May-1998 Stagecoach is trying to win clearance to bid for the Yellow Bus company in Auckland, New Zealand, and competition between itself and First Group is expected to intensify as they both try to build up their operations in the Pacific Rim. 08-May-1998 Stagecoach is acquiring a 20% stake in Road King, the operator of toll roads in China, for £67m, and hopes this will lead to further transport deals in the country. 01-May-1998 Stagecoach has bought Prestwick International, the operator of the Glasgow airport, for £41m, and is creating a new company called Stagecoach Aviation. 01-May-1998 Stagecoach has launched a £368m bond to fund the purchase of 113 new trains, and this is expected to become a popular way of raising money in the UK transport sector. 28-Apr-1998 MTL, the Merseyside bus and train operator, is believed to have received takeover bids from four public transport operators - Arriva, First Group, Go-Ahead and Stagecoach - but a deal is not expected for another month. 02-Apr-1998 Stagecoach and First Group are launching rival bids for a five-year franchise to operate buses in Hong Kong, but they both face competition from a number of local companies. 14-Mar-1998 Stagecoach has been prevented by the New Zealand competition authorities from acquiring the Yellow Bus company in Auckland, as it already owns an Auckland bus company. 25-Feb-1998 Stagecoach is said to be interested in joining the bidding to operate Stockholm's commuter and light rail services. 12-Jan-1998 Stagecoach has acquired South Yorkshire Supertram, which operates around Sheffield, for £1.15m. 22-Dec-1997 Stagecoach is linking up with Mota, the Portuguese construction company, to submit a tender to operate the north-south rail link in Lisbon. 18-Dec-1997 Stagecoach is seeking approval to acquire the Yellow Bus Company in Auckland, New Zealand. 15-Dec-1997 Stagecoach is launching "bus points", a similar scheme to air miles which is aimed at increasing passenger loyalty by offering vouchers from retailers. 03-Dec-1997 Stagecoach has been selected as preferred bidder to take over the operation of the South Yorkshire supertram project in Sheffield. 02-Dec-1997 Porterbrook, the train leasing subsidiary of Stagecoach, is expected to soon place a £25m order for new diesel trains that will be offered on short-term leases to train operators. 27-Nov-1997 Stagecoach is planning to bid for the rights to run rail services in Lisbon, Portugal. 15-Nov-1997 Luton Borough Council has shortlisted 14 bidders for the running of Luton Airport, including Stagecoach, FirstBus, National Express, Go-Ahead, TBI, and Serco. 10-Oct-1997 Stagecoach is ordering 515 buses in a £55m investment and Cowie Group is ordering 200 buses for £10m, with Mayflower's Walter Alexander bus building division getting a large slice of the business. 09-Oct-1997 Stagecoach, the bus and train company, is to raise £125m in a bond issue for use as a general "war chest" for corporate activity. 07-Oct-1997 Stagecoach has sold Swebus Danmark, the Danish subsidiary of its recently-acquired Swebus business, to DSB busser in a deal thought to be worth less than £2m. 28-Aug-1997 Stagecoach is selling its 51% stake in Stagecoach Malawi to Admarc Investment for a nominal sum. 09-Aug-1997 Stagecoach has said it is interested in bidding for the Yellow Bus Company, which is expected to be sold by Auckland Regional Services Trust in New Zealand for about £35m. 09-Jun-1997 South West Trains, the Stagecoach company, has awarded a £90m contract to GEC Alsthom for 30 four-car trains. 14-May-1997 Stagecoach's South West Trains operation has been threatened with a £1m fine and the possible loss of its franchise by the government's franchising director, unless its service improves. 15-Mar-1997 Stagecoach's South West Trains is to introduce an emergency timetable due to driver shortages following 70 voluntary redundancies. 15-Feb-1997 Stagecoach will be referred to the Monopolies Commission if it succeeds with its bid for the ScotRail franchise, according to the government. 28-Jan-1997 Stagecoach is linking up with Freightliner and Transfesa of Spain to bid for Railfreight Distribution, the British Rail operator of container trains through the Channel tunnel, while a separate bid has come from English Welsh & Scottish Railway. 03-Dec-1996 Stagecoach has confirmed plans to spend £57m buying 625 new buses and coaches next year, with an option on a further 250. 19-Nov-1996 Stagecoach says it will avoid having its acquisition of Porterbrook Leasing referred to the Monopolies & Mergers Commission by complying with conditions set by the Department of Trade and Industry. 19-Oct-1996 Stagecoach has agreed to limit its transport activities in the north east of England, following accusations by the Monopolies & Mergers Commission that it had been trying to put small bus operators out of business. 09-Oct-1996 The train franchise for the west coast mainline between London and Glasgow is to be offered for sale next month, with bids likely from bus companies such as Prism and Stagecoach as well as the existing management team. 21-Sep-1996 Stagecoach has won the passenger train franchise for Island Line on the Isle of Wight. 21-Sep-1996 Stagecoach Holdings has bought Swebus, the Swedish bus operator, for £116m. 04-Sep-1996 Stagecoach has made a £825m bid for Porterbrook Leasing, the railway rolling stock leasing company, a move which may be referred to the Monopolies & Mergers Commission. 01-Aug-1996 Stagecoach has been appointed the preferred bidder for Swebus, the Swedish bus operator. 25-Jul-1996 Stagecoach is planning to bid for all 12 remaining rail passenger franchises, and also plans to make acquisitions in continental Europe. 24-Jul-1996 The government has relaxed curbs on Stagecoach that were preventing the company from acquiring bus operators in South Yorkshire and western Scotland. 22-Jun-1996 A Stagecoach company has won the franchise to run two new bus routes in Hampshire to link to services operated by South West Trains, itself a Stagecoach company. 06-Feb-1996 Stagecoach is buying a 10% stake in New Zealand Bus, the holding company of its New Zealand subsidiary. 03-Feb-1996 Stagecoach Holdings is buying another bus company - GM Buses South, the Manchester bus operator, for £41m - but now plans to concentrate on rail franchises. 30-Jan-1996 Stagecoach has bought Devon General and Bayline, the Devon bus companies with 320 vehicles, for up to £16.1m. 20-Jan-1996 FirstBus has acquired 20% of Mainline Partnership, the South Yorkshire bus company, for £1.6m from Stagecoach. 13-Jan-1996 Stagecoach East London and the Central London Bus Company are said to be interested in acquiring the franchise for London's Docklands Light Railway next year. 29-Dec-1995 Stagecoach has acquired the 7 year franchise to run South West Trains, while The Great Western and London, Tilbury and Southend have been sold to management-employee teams. 20-Dec-1995 Stagecoach Holdings is buying Cambus, the bus operator in Cambridge, Milton Keynes and Peterborough, for £12.6m. 08-Dec-1995 Stagecoach is to buy 1,000 buses which will increase its fleet to 7,500. 13-Oct-1995 Stagecoach is supporting Network SouthCentral's management in their bid for their own company and for Gatwick Express. 30-Sep-1995 More from the Transport sector Related pages: Transport for London Network Rail BAA South West Trains Wincanton Logistics Stagecoach website: www.stagecoachgroup.com The information on this page comes from the UK Activity Report. 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