Singapore’s largest taxi operator ComfortDelGro has announced that it will acquire the private bus chartering assets of AZ Bus Pte Ltd for $10.25 million as it seeks to consolidate its position in the industry.
In a statement, ComfortDelGro said the acquisition will be conducted by its bus operation arm ComfortDelGro Bus Pte Ltd. When completed, it will increase ComfortDelGro Bus’ fleet to 300 buses and, including sub-contractors’ buses, the total fleet will be about 460.
