Regulator approves management buyout of Abellio UK
AGREEMENT was reached on February 28, for Transport UK Group to acquire Abellio UK operations from Dutch National Railway Nederlandse Spoorwegen, writes ‘Industry Update’.
This is a significant management buyout led by Dominic Booth, who has been Abellio UK’s managing director since 2007. As well as approval from industry regulator the Office for Rail and Road, a goahead has also been given by the Department for Transport, Transport for London, and Merseytravel.