On 1st April 2017, Forest Coach Lines acquired the assets of the Sawtell Coaches, which included 21 TfNSW contracted buses.
Sawtell Coaches operate TfNSW contracted and charter services within Sawtell, Coffs Harbour and surrounding areas. This acquisition was a great bolt on to the Ryans business, also located in Coffs Harbour, which Forest Coach Lines acquired in late 2016. Sawtell Coaches operate from a Depot premise in Toormina.
“Forest Coach Lines look forward to working with their team on a successful transition, and continued investment in the long term growth of this outstanding business. We see the Coffs Region as having significant potential for growth and therefore a greater need for improved public transport. We will be working toward integrating our two businesses in the area and providing improved options to commuters in the area.
We also acknowledge the assistance and expertise of our advisors to the transaction, Piper Alderman and Heritage Corporate.” David Royle, CEO Forest Coach Lines.
Forest Coach Lines have successfully run bus operations since 1930 in the Northern Sydney region, and in 2014 completed the sale of a majority share of the operations to Next Capital, a long time investor in international bus operations.
Forest is managed by CEO and third generation family member David Royle.
Contact for more information
David Royle
CEO
droyle@forestcoachlines.com.au

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