Business News

Blandy & Blandy LLP advises Reading Buses on latest acquisition

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TBM Team

Blandy & Blandy corporate and commercial team, led by partner David Few and supported by Stuart Rose, has advised Reading Buses (Reading Transport) on its acquisition of Newbury and District Limited.

Explaining that the deal to acquire Newbury and District, which has operated routes in the area since 1932, Reading Buses’ interim CEO Tony Pettitt said: “We have been looking at ways of strengthening and expanding our network and after the recent success with our Green Line and Thames Valley services to the east of Reading we realised we had a great opportunity on our own doorstep.

Initially, Newbury & District will be running exactly as at present, while in the future we may look at merging some routes and harmonising branding.”

Few, who has advised Reading Transport for more than 30 years, commented: “I am very pleased to have worked with Reading Transport since 1985 and to watch the company continue to thrive and grow. It is without doubt one of the leading and most respected bus operators in the country, evidenced through its success and a series of awards. Advising on a range of areas, we look forward to supporting Reading Transport’s continued growth and to working with Tony, new CEO Robert Williams and the team.”

The companies, which between them have more than 600 employees, have worked closely together for many years, operating the Jet Black 1 route between Reading and Newbury. Reading Buses has also successfully run the Kennections network under contract to West Berkshire Council since 2016.

Blandy & Blandy attends European conference

Employment Law, working with in-house counsel and of course Brexit, were the hot topics at the global Law Firm Network’s EMEA Conference in Prague.

Partners Tim Clark and Nick Burrows represented Blandy & Blandy at the three-day event hosted by Czech member firm LTA – Legal Tax Audit. Clark was a member of the panel for the session on employment law.

Burrows said: “Membership of the Law Firm Network is of tremendous benefit to our clients who operate overseas, enabling us to recommend them to trusted firms in over 50 countries. We also work closely with individuals and businesses looking to invest or do business in the UK.”

Approaching its 30th anniversary, the Law Firm Network is recognised as a leading international network in Chambers Global Guide. The Network consists of more than 50 independent law firms around the world.

Recent conferences have taken place in cities including New York, Zurich, Milan, Thessaloniki, Singapore, Bucharest and Moscow. Blandy & Blandy hosted the 2016 event in Reading.

 

blandy.co.uk

 

        

TBM Team

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