Home Travel First announces it's sold off its Bolton depot and operations

First announces it’s sold off its Bolton depot and operations

Bus giant First has announced it has announced it has sold off a second chunk of its Greater Manchester business.

The Scottish giant appears to be on the verge of leaving the city it has dominated since deregulation. The company has announced it is to sell its Bolton bus depot and operations to Rotala. The value of the deal has not been made public.

In February it announced the sale of its Manchester operation for £11.2m.

First has been under pressure because of poor service and high levels of dissatisfaction amongst customers. With the Mayor of Manchester Andy Burnham threatening to take control of public transport in the city.

The company is now left with operations in Oldham where it has 500 staff.

The sale includes the Bolton depot site, with 18 bus services transferring across to Rotala.

The firm said following a review of its Manchester operations completed year the company took the decision to reduce its exposure in Greater Manchester due to the current uncertainties in the particular market.

Giles Fearnley, managing director of First Bus, said: “I’d like to thank our employees for their continued hard work to deliver the best experience possible for our customers in Greater Manchester.

“Today’s announcement does not reflect on the effort, commitment or individual performance of our Bolton employees and we will be supporting them fully as they transfer to their new employer.”

James Caldwell
Editor for the Business Bible. James took on the role in March 2019 and shares his vast experience of International Business and Trade. James was previously Director of an international events company in Manchester and still remains active in the events industry.
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