WARRENVILLE, Ill., May 7, 2012 (GLOBE NEWSWIRE) -- National Express Group, the parent company of leading U.S. student transportation provider Durham School Services, completed the acquisition of Petermann on May 1, 2012. Headquartered in Cincinnati, Ohio, Petermann was the fifth largest student transportation provider in the United States.
This acquisition strengthens National Express' position in the student transportation market, increasing fleet size to 20,000 buses across North America. "We are thrilled to add this solid brand to our U.S. operations, and are excited to welcome Petermann customers and employees to our family," stated David Duke, the chief executive officer of National Express Corp, which operates as Durham School Services in the U.S. "Our customers and employees will continue to see operational excellence with an intense commitment to safety and outstanding service."
"National Express is the perfect home for Petermann," said Pete Settle, Petermann's chief executive officer. "Petermann employees share Durham's focus on their values of safety, people, customer and community; we are proud to be part of the National Express family."
About National Express Corp, Durham School Services, Stock Transportation, and Petermann, leaders in the student transportation industry, make up National Express Corporation (NEC) and share a strong commitment to provide the highest level of safe, quality transportation, outstanding customer service, and positive employee relations. Together, they operate more than 20,000 school buses and serve more than 400 school districts in 32 states and four provinces. NEC is the North American subsidiary of National Express Group, PLC, one of the premier transportation firms in the United Kingdom. For more information, visit www.nationalexpresscorp.com, www.durhamschoolservices.com or www.stocktransportation.com
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