Rotala is a transport management company. Below is statement posted in February 2011, so I have found this rather late unfortunately. In short, they talk about how the bus industry is going through times of uncertainty, but by creating a hub for rotala in the North-west, this should change. I really think the closing paragraph reassures people of what Rotala is capable of.
‘We can bring PBL (Preston Bus Limited) out of its recent
period of uncertainty into a new era of growth………’
Preston Bus Limited (“PBL”). The board considers
the acquisition of the business to be a material step
in the progress of Rotala and is exactly the type of
acquisition we have been looking for. The enlarged
group, post acquisition, will have in the region of 570
vehicles, employ 1200 people and have an annualised
turnover of about £55 million.
This acquisition establishes a new hub for Rotala in
the North West region and we firmly believe that there
is further potential in the region for consolidation and
expansion, both organically and by more acquisitions.
Consequently Bob Dunn, a main board director of
Rotala for some years and formerly CEO of DunnLine Plc,
will become the Managing Director of the
North West region of Rotala with full responsibility for
business growth and development.
At the current time the bus industry is going through
a phase of major uncertainty and change as a result of
the Government’s Spending Review and the operating
difficulties caused by the huge volatilities in the price
of fuel. Nevertheless it is our intention to invest in and
modernise the current Preston Bus brand, whilst
retaining its unique identity and values. Our desire is,
as we have done with all our other acquisitions over
the six years of Rotala’s existence, to position the
Preston business so that it engages closely with its
employees, users and other stakeholders.
We welcome PBL into the Rotala stable of brands
and businesses. We are confident that, building on
the cooperation and enthusiasm of the existing staff
and management, we can bring PBL out of its recent
period of uncertainty into a new era of growth and
stability which is beneficial to employees, customers
and shareholders alike.