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SPAIN - Another transport player for Doughty Hanson's fleet

  • Angelica Mari
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After closing its first deal in Spain by acquiring transport group Avanza, Doughty Hanson is said to be considering a bid for another transport company.

Reports suggest that the firm is considering a bid of around EUR 600m for Continental Auto, the bus division of local infrastructure and services group Actividades de Construccion y Servicios. If the acquisition goes ahead, Avanza will retain a market share of around 7%. The current sector leader is Alsa, owned by UK-based National Express, with a market share of 9%.
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