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CDC NSW acquires Central Coast bus company Red Bus Services

The sale comes after embarking on a joint venture to service the Central Coast last year

Red Bus Services have announced the sale of their Central Coast bus company to CDC NSW, effective from July 6.

The news comes as Red Bus CDC NSW begins operating bus services on the Central Coast and surrounding areas, as part of an eight year contract with the NSW government.

For more than eight decades, Red Bus Services has provided reliable transportation services to The Entrance, Gosford, Wyong, and surrounding areas, earning a respected reputation within the community.

Red Bus Services managing director John Shore Jnr says following the passing of his father, the family has made the decision to prioritise the best interests of all members by entrusting the business to a reputable transport provider.

“After many discussions as a family, we have decided that this transition represented an opportunity to sell the business to a trusted partner,” he says.

“We approached CDC NSW last year with an acquisition proposal and they have been incredibly respectful throughout the process.

“Our collaboration with CDC NSW through the period readying the business to start new services today has demonstrated their commitment to staff and investment in local communities, aligning with the values that Red Bus was built upon.

“They understand the importance of maintaining the high standards of service excellence that our community has come to expect. While this transition marks a new chapter, we are assured that the Red Bus brand and reputation will be preserved.”

The Shore Family will continue to own the Central Coast Bus Depot, currently utilised by the new entity, ensuring a sense of continuity and familiarity for the community and the Red Bus brand will still be seen on all buses as part of the Red Bus CDC NSW brand established for the contract.

There will be minimal jobs affected by the sale and all of the drivers have been transferred to the new entity. Several of the Shore Family members will move across to Red Bus CDC NSW and will continue to help manage operations on the Central Coast and surrounding areas.

CDC NSW CEO David Mead says the team at CDC are dedicated to ensuring a smooth transition.

“With the Shore Family’s blessing, we aim to preserve the well-regarded Red Bus brand and reputation. The transition has been managed well over the past 6-12 months by our combined teams to ensure that we are prioritising the best interests of Red Bus Services’ employees, customers, and the broader community we serve.”

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