Kelsian successfully finalizes the acquisition of All Aboard America! Holdings, Inc

Kelsian Group Limited (ASX: KLS) has finalized its acquisition of All Aboard America! Holdings, Inc. (AAAHI) in a significant move for both companies. AAAHI, a prominent player in the passenger motorcoach services industry catering to corporate, government, education, LNG, and tourism sectors in the USA, presents Kelsian with an opportunity to enter the vast and appealing American market.

By acquiring AAAHI, the company gains access to an established and highly regarded operator with an extensive presence across multiple states, enabling them to tap into new growth prospects. The experienced management team of AAAHI will be retained to ensure the ongoing growth and progress of the business. The successful completion of this transaction, valued at AU$487 million, positions the company for further expansion and consolidates their position in the transportation sector. This acquisition represents a strategic milestone in company’s journey towards enhancing its market presence and diversifying its operations.

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