In August 2026, Mobico Group entered into an agreement to sell the trade and assets of its West Midlands Bus Business ("UK Bus") to the West Midlands Combined Authority ("WMCA").
Kroll provided Financial Due Diligence and Sale and Purchase Agreement (“SPA”) support throughout the transaction.
Mobico Group plc is an international public transport operator providing bus, coach and mobility services across the UK and a number of overseas markets.
Formerly known as National Express Group plc, the company changed its name to Mobico Group in 2023, while retaining its established customer-facing brands. The Group operates through a portfolio of transport businesses, including National Express, ALSA and WeDriveU.
West Midlands Bus Limited (‘UK Bus’), is a major bus operator in the West Midlands and operates primarily under the National Express West Midlands brand.
The business provides local bus services across the region, connecting communities and supporting access to employment, education and essential services. Prior to the transaction, UK Bus formed part of Mobico’s UK transport operations.
The West Midlands Combined Authority brings together local authorities and regional partners to support economic growth, improve connectivity and deliver public services across the West Midlands.
Through Transport for West Midlands, WMCA is responsible for developing and coordinating the region’s transport strategy and network.
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