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Kelsian completes acquisition of All Aboard America! Holdings, Inc.

Friday 02 June 2023

Kelsian announced it has successfully completed the acquisition of 100% of All Aboard America! Holdings, Inc. (AAAHI)

AAAHI is a leading provider of passenger motorcoach services to corporate, government, education, Liquefied Natural Gas (LNG), and tourism sector customers in the USA.

Kelsian’s Group Chief Executive Officer, Clint Feuerherdt, said “I am very pleased to announce the successful completion of the AAAHI acquisition. Since announcing the acquisition in March 2023, the business continues to perform very well and there is a strong pipeline of new business opportunities.”

“Since announcing the acquisition, I have continued to work closely with the management team and remain very confident about the future of both businesses working together. Like Kelsian, AAAHI is a customer-centric operator with an excellent reputation and track record of delivering high quality contract and charter services. Combined with our operational expertise and capabilities, this opportunity will form a solid foundation for growth in the large and attractive USA market. The Kelsian and AAAHI businesses are highly complementary; our operating portfolios span across multiple locations in the transport and tourism sectors; and we both share the same commitment to maintaining high safety standards for our employees and our customers,” he said.

More information about the Acquisition and AAAHI is outlined in our previous ASX releases on 15 March 2023. >>> LINK

Link to ASX Release | 2 June 2023 | Completion of Acquisition of All Aboard America! Holdings