CBRE Investment Management acquires Connect Bus
CBRE Investment Management, through its Private Infrastructure team, has signed an agreement to acquire Connect Bus, one of the largest privately owned bus operators in Sweden. With more than 900 vehicles, 30 depots and 1,130 employees across middle and southern Sweden, Connect Bus is a well-established operator in the Swedish market with operations dating back to 1927.
The acquisition of Connect Bus is subject to customary closing conditions and regulatory approvals and is expected to close in Q4.
CBRE Investment Management was advised by Mannheimer Swartling.
