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How did ‘First Group’ begin?

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Bayum

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I know deregulation brought in private companies to manage and run bus services. From what I can understand, in West Yorkshire, Yorkshire Rider was bought out by Badgerline who themselves were amalgamated with Grampian Regional Transport but I’m not entirely certain if this was the genesis of First Group. You could also have the same conversation with regards to First running as a TOC but this is a bus sub-forum.
 
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I thought that it began as a management buyout of Grampian Regional Transport
and that it's head office was still in Aberdeen.
 

Steve440

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Yes it was the amalgamation of Badgerline and Grampian, but in reality it was more a takeover by Grampian.
 

Volvodart

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I know deregulation brought in private companies to manage and run bus services. From what I can understand, in West Yorkshire, Yorkshire Rider was bought out by Badgerline who themselves were amalgamated with Grampian Regional Transport but I’m not entirely certain if this was the genesis of First Group. You could also have the same conversation with regards to First running as a TOC but this is a bus sub-forum.
There's a potted history here:-



1986

Following the 1985 Transport Act, which legislated for the deregulation of the UK local bus market, Grampian Regional Transport Ltd was formed to own and manage Aberdeen council’s bus fleet.

Badgerline Group plc, a company owned principally by its managers and employees, acquired Badgerline Limited, which principally comprised the bus service activities of the National Bus Company in the Bath, Bristol and Weston-super-Mare region.

1989

An employee and management buy-out leads to Grampian Regional Transport Holdings becoming the first Scottish local authority bus fleet in private hands.

1990

Grampian Regional Transport (GRT) acquires Midland Scottish in an £8.5m deal.

1993

Following the acquisition of a number of UK local bus operators, Badgerline Group plc was floated on the London Stock Exchange.

1994

GRT floats on the stock market with a value of £57m.

1995

FirstBus plc was formed through the merger of the Badgerline Group plc and GRT Bus Group plc. As well as several UK regional bus businesses, Badgerline Group plc also owned 24.5% of Great Western Holdings Ltd, which at the time of the merger was bidding to win one of the first round of rail franchises to be offered to private companies following the Railways Act.

1996

FirstBus buys GMBN, the Greater Manchester bus operator.

FirstBus acquires Strathclyde Buses for £110m.

FirstBus wins the Great Eastern rail franchise.

1997

FirstBus buys CentreWest, its first London bus business.

The Group’s UK Rail division was established following Great Western Holdings Ltd’s successful franchise tender.

FirstBus is renamed FirstGroup to reflect its broadening public transport interests.

1998

FirstGroup doubles its size with the acquisition of the remainder of Great Western Holdings Ltd.

1999

FirstGroup becomes the second largest operator of yellow school buses in North America with the purchase of Bruce Transportation and Ryder Public Transportation Services.

2000
FirstGroup launches the Croydon Tramlink service, the first trams for 50 years in London.

2003

FirstGroup buys Coach USA’s transit division, operator of buses in states such as California, Florida and New York.
GB Railways, operator of Anglia Rail, GB Rail and Hull Trains, bought by FirstGroup.

The TransPennine Express rail franchise was awarded to a joint venture owned 55% by FirstGroup.

2004

FirstGroup wins ScotRail franchise.

2005

FirstGroup wins enlarged Greater Western franchise.

FirstGroup wins Thameslink Great Northern rail franchise and renames it First Capital Connect.

2007

FirstGroup becomes the largest operator of yellow school buses in North America with the acquisition of Laidlaw International for over $3bn. The deal also sees FirstGroup take over the iconic Greyhound coach division, and add substantial additional contracts to the First Transit portfolio.

2008

First ScotRail franchise extended to 2014.

2010

FirstGroup exits the rail freight services market with the sale of GB Railfreight.

FirstGroup’s new global headquarters open in Aberdeen.

Tim O’Toole becomes the new Chief Executive of FirstGroup in November, replacing founding CEO Sir Moir Lockhead.

2011

The TransPennine Express franchise was extended for three further years.

2012

The ScotRail franchise was extended to March 2015.

First Bus provided spectator transport for hundreds of thousands of attendees at the London 2012 Games with our rail companies also running additional services.

2013

FirstGroup exits the London bus market.

Undertakes £584m rights issue to strengthen balance sheet and provide flexibility to continue transformation plans and invest to create sustainable value.

FirstGroup awarded contract to operate the Great Western franchise to September 2015.

John McFarlane becomes Chairman of FirstGroup, replacing Martin Gilbert.

2014

FirstGroup gives train passengers the first ever opportunity to earn Nectar points when booking their journeys online with a UK rail operator.

First Bus and First ScotRail are proud to be official supporters of the Glasgow 2014 Commonwealth Games, providing passenger rail and bus services.

First Bus provided passenger transport for the Ryder Cup at Gleneagles.

Greyhound celebrated its centenary with a mobile museum tour across the USA, showcasing restored classic coaches and the best of today's business.

2015

FirstGroup signed agreement to operate the Great Western franchise until 2019 and an additional year operating First TransPennine Express.

As the leading transport operator in Bristol, FirstGroup is proud to support the city as European Green Capital 2015 as an official partner.

Wolfhart Hauser appointed as Chairman to succeed John McFarlane, who becomes Chairman of Barclays plc.

First Transit announces that it will be partnering with the government of Panama to provide transit management for its bus system. The partnership represents an expansion of First Transit’s operations into Central America.

2016

FirstGroup launches the new TransPennine Express franchise which will run until at least 2023, signalling the start of a £500m investment into rail operations in the North and Scotland.

Hull Trains secures track access rights until 2029. The Investment in a bi-mode fleet will keep the open access operator at the forefront of the industry.

First Transit is in discussions with Hinjewadi Techzone IT Park to operate employee shuttle buses at the Park in Pune, India.

First Transit launches its first US commuter rail service, operating A-train commuter trains on behalf of Denton County Transportation Authority, Texas.

2017

FirstGroup, in partnership with MTR, is awarded the South Western rail franchise.

Hull Trains and TransPennine Express named official transport partners of Hull's UK City of Culture year.

2018

First Bus becomes the first major operator to offer contactless payment on all of our buses nationwide.

Matthew Gregory is appointed as FirstGroup Chief Executive, after Tim O'Toole steps down from the position.

2019

FirstGroup, in partnership with Trenitalia, is awarded the West Coast Partnership rail contract. This comprises Avanti West Coast, which links London to cities and towns across England, North Wales and Scotland through intercity services on the West Coast Main Line; and West Coast Partnership Development, preparing for a new era in high speed rail.

David Martin becomes Chairman of FirstGroup, replacing Wolfhart Hauser.

2020

FirstGroup is playing a vital role in keeping people and communities connected during the coronavirus pandemic.

Across FirstGroup’s operating companies, our teams provided essential services allowing key workers to continue to travel to and from work and supported their local communities, for example by delivering food and medical supplies to those most in need.

2021

First Rail signs new National Rail Contracts for SWR and TPE.

FirstGroup completes the sale of its First Student and First Transit divisions to EQT Infrastructure, and the sale of Greyhound to FlixMobility. Going forward, the Group will be focused on its market-leading First Bus and First Rail divisions in the UK.

First Rail launches open access rail service Lumo, a greener and more affordable choice for long distance travel between London, Newcastle and Edinburgh.

£500m of proceeds from sale of North American divisions returned to shareholders through tender offer.

First Bus operated the official UN COP26 Climate Change Conference delegate shuttle between Glasgow city centre and the conference’s blue/green zones, using a brand-new fleet of 22 fully electric buses built in Scotland.

First Bus launched a wide-ranging strategic partnership with Hitachi Europe to deliver bus batteries for First Glasgow’s electric bus fleet, smart electric vehicle charging software, and a programme to explore low carbon energy opportunities.

2022
First Bus and its local authority partners in four regions secure UK Government funding for 125 new fully electric vehicles through the Zero Emission Buses Regional Area (ZEBRA) scheme.
Graham Sutherland joins the Group as Chief Executive Officer, after Matthew Gregory steps down.

First Bus's Glasgow Caledonia depot continued its transformation into the largest electric vehicle charging hub in the UK. By March 2022 95 electric buses were in operation, and 200 electric buses will be operating in the city by March 2024.

FirstGroup signs a new National Rail Contract for GWR.

FirstGroup launches report into its social value.

Aircoach secures deal to acquire Northern Ireland based transport company Airporter.

Greyhound property sale completes with proceeds of £122m. Following the receipt of these proceeds, a share buyback programme commences.

2023

First Bus completes UK wide rollout of Tap On, Tap Off ticketing technology across its entire fleet.

Avanti completes the refurbishment of all 35 of its 11 carriage Pendolinos, the UK’s largest ever train upgrade following a £117m investment.

FirstGroup signs a new National Rail Contract for the West Coast Partnership.
2024
First Bus becomes UK’s largest national bus operator to be a real Living Wage employer.
First Bus announces agreement to purchase York Pullman Bus Company, Anderson Travel and Lakeside Group to bolster its Business & Coach business and grow it operational footprint.
FirstGroup are awarded the London Cable Car contract by TfL, with an initial five-year term.
Lena Wilson CBE announced as new Chair of FirstGroup, replacing David Martin's retirement from the Board
FirstGroup announces the acquisition of Grand Union Trains with existing open access track access rights between Carmarthen and London Paddington and submits an application to extend the services beyond to Paignton, Devon and Hereford
FirstGroup announces agreement to acquire bus operator RATP London.
2025
Following the completion of the RATP London acquisition in February, in December the Group acquired the RATP UK sightseeing bus operations in London and Bath
The Group’s first Climate Transition Plan was published, setting out our strategy to meaningfully reduce emissions, manage climate-related risks, drive modal shift and contribute to growth and prosperity in the communities we serve
The Group is awarded additional paths on Hull Trains and Lumo and an extension of some of Lumo’s services to and from Glasgow
FirstGroup acquires Matthews Coach Hire in Ireland, and Tetley’s Coaches and J&B Travel in Leeds to grow its presence in the Business & Coach market in key regions
The Group submits three new applications for new open access routes between Rochdale and London and Cardiff and York via Birmingham an extension of the Stirling to London track access agreement beyond 2030
In December the Group was named by Transport for London as the preferred operator for the London Overground suburban rail network
 
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TheGrandWazoo

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Badgerline was about the 3rd National Bus Co business to be privatised. They then had a share in the privatisation of Western National before buying Midland Red West from its management who had themselves bought Bristol CityLine from the government.

As the industry consolidated, they bought SWT and Eastern National before going public with a stock market floatation which provided the funds to acquire PMT and Yorkshire Rider.

GRT Group was formed from Grampian Regional Transport being privatised and then going on a spending spree, buying Midland Scottish in the SBG privatisation, and taking Leicester and Northampton municipals out of public ownership. After they floated, the funds enabled the purchase of Eastern Counties, SMT (Eastern Scottish) and Lowland from their respective management teams.

With both being listed, Badgerline and GRT decided to merge to form FirstBus. However, what Trevor Smallwood of Badgerline didn’t know was it was really a takeover by the junior partner. Moir was CEO and First was formed to his image and his ambition.
 
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