FINNISH nationwide operator VR Group has launched the completion of its acquisition of Arriva Sweden, the third largest operator in that nation.
VR Group signed an settlement to buy Arriva Sweden on March 24 2022 from Arriva Worldwide, a subsidiary of German Rail (DB). The purchase price was not disclosed.
Arriva Sweden operates native suppliers inside the Stockholm space, inside the Östragötland house and inside the county of Skåne in southern Sweden. It has a fleet of 192 trains and light-weight rail autos that cope with spherical 54 million passenger-journeys a 12 months, says VR.
The 3200 workers of Arriva Sweden have now transferred to VR Group, which says that the acquisition isn’t going to have an effect on personnel. Companies will perform beneath the VR mannequin.
VR says workers in Finland and Sweden labored collectively over the last few months to rearrange for the change in possession, and proceed to work to develop a model new, shared agency custom.
”We’ve prepared this acquisition with take care of a really very long time,” says Mr Topi Simola, interim CEO at VR Group. “Underneath our progress approach, we have to develop inside the Nordic worldwide areas and Arriva Sweden was subsequently a changing into purchase for us.
“Via them we’ll achieve aggressive experience for all the group similtaneously we deliver our personal know-how in constructing carbon-neutral public transport to Sweden.”
“We’re very happy with the brand new proprietor,” says Mr Johan Lindgren, managing director of VR’s operations in Sweden. “Our personnel have welcomed the proprietor from the neighbouring nation with open arms and with pleasure.”