Stagecoach Manchester

[Owl]

RE: Stagecoach Manchester

(30/04/2014 13:25)Mayneway Wrote:  That's interesting.
When Stagecoach acquired Dennis's in 2005 they acquired 'everything' (except the rented offices and depot) including the debts. Now a lot of the step entrance vehicles never saw service with Stagecoach but had minor repairs done and were sold on to presumably go towards these debts so one possibility is if Stagecoach have acquired the company rather than just services that would include debts so presumably the buses are being repaired so they can be sold on as 'working' buses rather than scrap.

Just my theory anyway

That would fit in with the suggestion that Stagecoach acquired the business for £1, which is the minimum consideration for a contract to be in place.

I wonder which 41 buses are included in the deal - there are some awful heaps of junk at the back of JPTs yard.