UNQUOTE

RSBC acquires 50% stake in Umbrella

  • LinkedIn  
  • Google plus  

Investment firm RSBC has acquired a 50% stake in Czech bus service Umbrella Invest Group from the company's owner, Pavel Steiner.

The transaction values the company at hundreds of millions of CZK, according to Hospodářské Noviny.

Pavel Steiner will remain CEO of Umbrella Invest Group, which will now operate under the new name of Umbrella Mobility.

Company
Founded in 2004 and headquartered in Prague, Umbrella runs long distance bus services all over Europe for German company FlixBus. It has 300 drivers and 100 buses.

People
RSBC – Miroslav Vyhnal (chairman of the board of directors).
Umbrella Invest Group – Pavel Steiner (CEO).

  • LinkedIn  
  • Google plus  

More on Buyouts

Latest News