Ascendal Group
{{Short description|British public transport company}}
{{Use dmy dates|date=January 2022}}
{{Infobox company
|name = Ascendal Group
|logo = Ascendal Group logo.png
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|industry = Bus transportation
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|foundation = 2018
|founder = Adam Leishman
|defunct =
|location_city =
|location_country = England
|locations =
|area_served = Cambridgeshire
Chile
Hong Kong
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|subsid = Whippet
Bravo Transport
|homepage = {{URL|https://www.ascendalgroup.com/}}}}
Ascendal Group is a British public transport company that operates Whippet in Cambridgeshire, the Ascendal Punta Arenas in southern Chile, and has a small shareholding in Hong Kong bus companies of Citybus through Bravo Transport. It was founded in 2018 by former Tower Transit CEO Adam Leishman until he and Go Whippet split away from Transit Systems to form Ascendal.{{cite web|url=https://www.ascendalgroup.com/our-heritage/|title=Our Heritage|website=Ascendal Group|access-date=22 January 2022}} Leishman is the son of Transit Systems co-founder Graham Leishman and was previously the Business Development Director at Transit Systems.
Operations
=Whippet=
Whippet, formerly Go Whippet, is a bus operation in Cambridgeshire, England.[http://www.huntspost.co.uk/news/latest-news/lee_family_completes_sale_of_whippet_buses_to_aussie_firm_1_3853295 Lee family completes sale of Whippet buses to Aussie firm] Hunts Post 18 November 2014 It was purchased by Transit Systems in November 2014.Whippet confirmed as part of Ascendal Group Coach & Bus Week issue 1364 16 October 2018 page 8[https://web.archive.org/web/20181214065654/https://cbwmagazine.com/tower-transit-adds-go-whippet// Tower Transit adds Go Whippet] Coach & Bus Week 18 November 2014 The bus operation was transferred to Ascendal Group in October 2018.Whippet changes hands as authority reviews options Buses issue 765 December 2018 page 6
=Ascendal Punta Arenas=
Ascendal Punta Arenas is Ascendal's bus operations in Punta Arenas, Magallanes Region, that started in October 2020.
=Citybus & New World First Bus=
Ascendal owns 0.6% of Bravo Transport, which owns Hong Kong bus operators Citybus and previously New World First Bus.{{cite web|url=https://www.ascendalgroup.com/operations/|title=Operations|website=Ascendal Group|access-date=22 January 2022}}{{cite web|url=https://www.nws.com.hk/pdf/en/20208212092220792.pdf|title=Disposal of the entire issued shared capital of NWS Transport Services Limited|publisher=NWS Holdings|date=August 2020|access-date=24 January 2022}} Both operations were acquired in August 2020 from NWS Holdings.[https://web.archive.org/web/20200924230843/https://www.thestandard.com.hk/breaking-news/section/4/153644/Private-equity-fund-Templewater-buys-Citybus-and-New-World-First-Bus-in-HK$3.2b-deal Private equity fund Templewater buys Citybus and New World First Bus in HK$3.2b deal] The Standard 21 August 2020Hong Kong sale saves jobs Buses issue 787 October 2020 page 20{{cite web|url=https://www.ascendalgroup.com/wp-content/uploads/2020/08/20200821-NWST-press-release_EN.pdf|title=International consortium acquires First Bus and Citybus
|publisher=NWS Holdings & Templeman|website=Ascendal Group|date=21 August 2020|access-date=22 January 2022}} Leishman also became the CEO of Bravo Transport.{{cite web|url=https://www.marketing-interactive.com/parent-company-of-citybus-and-new-world-first-bus-mulls-merging-option|title=Parent company of Citybus and New World First Bus mulls merging option|publisher=Marketing Interactive|date=30 July 2021|access-date=24 January 2022}}
References
{{Reflist}}
External links
- {{official website|https://www.ascendalgroup.com/}}
Category:Transport companies established in 2018
Category:2018 establishments in England
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