based coach and bus operator Galloway Travel Group to be sold The business is to be acquired by Eastern Transport Holdings (ETH), a new company under the same ownership as Rochford based Stephensons of Essex which coach shop online already operates bus, school and charter services across Essex and south west Suffolk.
Galloway's directors, including managing director David Cattermole, are to retire from the business but it will continue as a standalone operation when the sale completes at the end of November. "The directors and management team of GTG will work closely with the directors of ETH to ensure the new owners are able to develop an in coach briefcase outlet store depth knowledge and awareness of all coach outlet stores great lakes crossing aspects of the trading style of GTG before completion of their acquisition," he added. "The existing management team of Galloway will be instrumental in assisting the directors of ETH in planning and developing an exciting future for Galloway.
" Bill Hiron, chief executive of ETH, said: "Our acquisition of GTG represents a logical extension to the existing coach outlet coupons for online business and is in keeping with our vision to diversify both our geographic footprint and range of income streams.".
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