ComfortDelGro Corporation Australia (CDC) is delighted to announce that it has reached agreement with the owners of Rockhampton-based bus operator Young’s Bus Service to purchase their business.
ComfortDelGro Australia CEO Nicholas Yap said the acquisition is a further step in CDC’s expansion into the regional Australian bus market, complementing the portfolio of the CDC Regional Australia division led by CEO Tony Hopkins which includes CDC’s nearby Gladstone operation.
“We are excited to bring Young’s Bus Service into the CDC family and look forward to welcoming all of Youngs’ employees into our team and continuing to provide high quality and customer centric bus services for the Rockhampton and Capricorn Coast regions.”
The Young family has owned and operated buses in Rockhampton since 1949 and has a proud history of serving the Rockhampton and Capricorn Coast regions of Queensland for more than seventy years.
Young’s Bus Service is the largest operator in the Rockhampton region, operating 42 buses from 2 depots and delivering route, school, and charter bus services to the local population. Subject to government approval, the purchase of Young’s operation will provide a strong platform for the future growth of CDC’s Regional business in the area.
The acquisition will enable CDC to expand its bus operations in Queensland, where it already operates 155 buses. Upon completion of the acquisition, CDC’s bus fleet in Queensland will increase to 197 buses with the total number of buses operated in Australia increasing to close to 2500 buses.
CDC currently operates in six States and Territories in Australia – New South Wales, Victoria, the Australia Capital Territory, Queensland, the Northern Territory and Western Australia.