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, and the largest within Access Mobility Transport Services.
“The acquisition of Connect Bus gives us an attractive opportunity to grow our Nordic bus transportation platform and invest in a growing, non-cyclical market. With a proven track record and solid industry relationships, Connect Bus is a strong addition to our platform and complements our existing Nordic bus operator investments,” commented Andreas Köttering, head of private infrastructure, Europe, at CBRE Investment Management. “With our investment, we are able to assist with Connect Bus’ green transition and efforts to reduce commuter emissions. This not only is one of the key drivers for the growth of the Swedish public transport market, it is also in keeping with our own commitments to deliver sustainable real asset solutions.”
