Wednesday, August 21, 2019
Flixbus is entering a new market with Turkey. The coach company takes over the local market leader Kamil Koc. Gradually, 61 Turkish cities will be integrated into the existing network of Flixbus.
The long-distance bus company Flixbus takes over the Turkish competitor Kamil Koc and expands its offer for the first time to Turkey. Flixbus had agreed with the previous owner of the Turkish company on the acquisition, as the group announced. "The agreement is expected to enter into force in the coming weeks after approval by the relevant authorities."
According to Flixbus, Kamil Koc, the market leader in Turkey, heads 61 cities across the country, carrying around 20 million people last year. The company will be gradually integrated into the existing network of Flixbus. For the price made the coach company initially no information.
So far Flixbus drives mainly in Europe and in the USA. It was not until the beginning of August that the company announced its intention to open up new markets in South America. But you want to use fresh capital. This also flows into the trains, Flixtrain, and in a new carpool, Flixcar.
. (TagsToTranslate) Economy (t) Flixbus (t) Turkey