Stagecoach London
Encyclopedia
Stagecoach London is a bus company which principally operates services in the UK
capital city
of London
, under contract to the London Buses
arm of Transport for London
. It was formed in 1989 as a subsidiary of London Buses
. The company privatised in 1994 and acquired by the Stagecoach Group
, but sold to Macquarie Group
in June 2006. It was reacquired by Stagecoach on 15 October 2010. and was renamed as Stagecoach London.
and South East London & Kent Bus Company Ltd
. Both companies were acquired by the Stagecoach Group
from state-owned London Buses
when its subsidiaries were privatised. Legally these companies still exist, and Stagecoach London's buses carried legal lettering for either one or other of these companies.
Both the buses involved in the 7 July 2005 London Bombings
, Trident 17758 and 21 July 2005 London Bombings
, Trident 17762 belonged to Stagecoach London, both garaged at Stratford Garage (SD) now closed as part of the Olympic Park redevelopment and replaced by a new Garage in Stephenson Street, West Ham (WH).
On 23 June 2006 the Stagecoach Group agreed to sell its London operations to the Macquarie Group
. Stagecoach gave permission to use the Stagecoach London name for a limited time. Quickly the fleets both turned all-over red again, and were given back their old logos, albeit in lower-case lettering rather than capitals. The parent company became known as East London Bus Group.
On 15 October 2010, the Stagecoach Group announced that is was re-acquiring the business from Macquarie for a sum of nearly £59 million, which represents a significant profit for Stagecoach since it sold the company to Macquaire for £263.6 million in June 2006.
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
capital city
Capital City
Capital City was a television show produced by Euston Films which focused on the lives of investment bankers in London living and working on the corporate trading floor for the fictional international bank Shane-Longman....
of London
London
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...
, under contract to the London Buses
London Buses
London Buses is the subsidiary of Transport for London that manages bus services within Greater London, UK. Buses are required to carry similar red colour schemes and conform to the same fare scheme...
arm of Transport for London
Transport for London
Transport for London is the local government body responsible for most aspects of the transport system in Greater London in England. Its role is to implement the transport strategy and to manage transport services across London...
. It was formed in 1989 as a subsidiary of London Buses
London Buses
London Buses is the subsidiary of Transport for London that manages bus services within Greater London, UK. Buses are required to carry similar red colour schemes and conform to the same fare scheme...
. The company privatised in 1994 and acquired by the Stagecoach Group
Stagecoach Group
Stagecoach Group plc is an international transport group operating buses, trains, trams, express coaches and ferries. The group was founded in 1980 by the current chairman, Sir Brian Souter, his sister, Ann Gloag, and her former husband Robin...
, but sold to Macquarie Group
Macquarie Group
Macquarie Group Limited is a global investment banking and diversified financial services group, providing banking, financial, advisory, investment and funds management services to institutional, corporate and retail clients and counterparties around the world...
in June 2006. It was reacquired by Stagecoach on 15 October 2010. and was renamed as Stagecoach London.
History
Stagecoach London was created from East London Bus & Coach Company LtdEast London (bus company)
East London is one of many operators of bus services contracted to Transport for London, mainly in the east of the city. Its legal name is East London Bus & Coach Company Ltd, and it is currently owned largely by Stagecoach Group, as part of Stagecoach London.-History:East London was established in...
and South East London & Kent Bus Company Ltd
Selkent
Selkent, or the South East London & Kent Bus Company Ltd, is one of many operators of bus services contracted to Transport for London. It is currently owned by Stagecoach Group, as part of Stagecoach London....
. Both companies were acquired by the Stagecoach Group
Stagecoach Group
Stagecoach Group plc is an international transport group operating buses, trains, trams, express coaches and ferries. The group was founded in 1980 by the current chairman, Sir Brian Souter, his sister, Ann Gloag, and her former husband Robin...
from state-owned London Buses
London Buses
London Buses is the subsidiary of Transport for London that manages bus services within Greater London, UK. Buses are required to carry similar red colour schemes and conform to the same fare scheme...
when its subsidiaries were privatised. Legally these companies still exist, and Stagecoach London's buses carried legal lettering for either one or other of these companies.
Both the buses involved in the 7 July 2005 London Bombings
7 July 2005 London bombings
The 7 July 2005 London bombings were a series of co-ordinated suicide attacks in the United Kingdom, targeting civilians using London's public transport system during the morning rush hour....
, Trident 17758 and 21 July 2005 London Bombings
21 July 2005 London bombings
On 21 July 2005, four attempted bomb attacks disrupted part of London's public transport system two weeks after the 7 July 2005 London bombings. The explosions occurred around midday at Shepherd's Bush, Warren Street and Oval stations on London Underground, and on a bus in Shoreditch...
, Trident 17762 belonged to Stagecoach London, both garaged at Stratford Garage (SD) now closed as part of the Olympic Park redevelopment and replaced by a new Garage in Stephenson Street, West Ham (WH).
Macquarie Group
Macquarie Group Limited is a global investment banking and diversified financial services group, providing banking, financial, advisory, investment and funds management services to institutional, corporate and retail clients and counterparties around the world...
. Stagecoach gave permission to use the Stagecoach London name for a limited time. Quickly the fleets both turned all-over red again, and were given back their old logos, albeit in lower-case lettering rather than capitals. The parent company became known as East London Bus Group.
On 15 October 2010, the Stagecoach Group announced that is was re-acquiring the business from Macquarie for a sum of nearly £59 million, which represents a significant profit for Stagecoach since it sold the company to Macquaire for £263.6 million in June 2006.