David Reeves sells Staffordshire and Cheshire based operator to Julian Peddle’s company
In the space of 21 years, D&G has grown from being a small independent company to a significant player in the Cheshire and Staffordshire bus scene. Yesterday, its Managing Director and major shareholder agreed to sell his shares to Julian Peddle’s Centrebus Group, with the deal completed this month.
On his decision to leave, David said, “D&G started in 1998 and through hard work and dedication we have grown steadily. I am proud of what we achieved, the staff we employ and I appreciate the important part they have played in D&G’s success.
“We operate a good standard of service and I am confident D&G will continue to do so. However, following a health issue in 2016, I have personally lost some of my enthusiasm and now looking for a change in lifestyle. D&G will always be close to my heart and I wish Julian, the management and staff, all the very best going forward. Thank you for an amazing 20 years.”
D&G Bus was formed in April 1998 with four buses and two routes on a Stoke-on-Trent City Council tendered service contract. Whereas the ‘D’ stands for David, the ‘G’ stands for his late business partner Gerald Henderson, who passed on in 2006. Following Gerald’s death, his 26% stake was purchased by Julian Peddle.
In the Greater Manchester bus merry-go-round, D&G (with Julian Peddle) bought South Lancs Travel in 2011. Four years later, the business was sold to Rotala North West (now trading as Diamond Bus North West). Today, Rotala is a much bigger player in Greater Manchester, thanks to their purchase of First Greater Manchester’s operations at Weston Street depot, Bolton.
After the collapse of GHA Coaches, they took over their 88 route from Altrincham to Wilmslow in 2016, which they still operate at this time of writing.
Taking over the additional MD role from David Reeves will be Matt Evans, Centrebus’ Managing Director. He will also be supported by Operations Director Kevin Crawford as a de facto senior manager on a day-to-day basis. On his new appointment, Kevin said, “I would like to take this opportunity in saying that I am pleased that D&G Bus have now become part of the Centrebus group and I look forward to working with Matt and the team.
“I have personally known Dave Reeves for a number of years and worked with him on numerous projects during his time. Dave has always conducted his business in a professional manner and has a proven track record in the industry, which is one of the main reasons why D&G Bus has not just survived but flourished.”
Matt Evans commented, “My fellow directors and I look forward to welcoming the staff at D&G into the Centrebus group of companies. D&G has become a well-respected operator/brand throughout Staffordshire, Stoke-on-Trent and East Cheshire, and there are no plans to change anything, it will be business as usual.
“The D&G management team will continue to run the operation as they have ably been doing so.”
With D&G’s recent sale, makes for a small but significant stake in the Greater Manchester bus merry-go-round. The company already has a 50% stake in High Peak Buses, the Centrebus/Trentbarton venture that operates the 199 route from Buxton to Manchester Airport. Could this add some variety to a future franchised bus network in South Manchester and Stockport?
S.V., 13 December 2019.
D&G Bus image by Daniel James, 2018 (Creative Commons Attribution ShareAlike 4.0 License).