Under the transaction, FirstGroup plc will sell its US Greyhound operating business (including its vehicle fleet, trademarks, and certain other assets and liabilities) for an enterprise value on a debt-free / cash-free basis of approximately $46 million plus FlixMobility will take on cash on Greyhound's balance sheet of $108 million and will also assume approximately $14 millionin debt and debt-like items of Greyhound. LONDON BROKER RATINGS: UBS cuts Smurfit and GSK; Jefferies likes M.. Chief Executive Officer & Executive Director, Chief Financial Officer & Executive Director. Over the past eight years, the company has demonstrated significant success, with FlixBus growing to become . From locations throughout Europe and the United States, the FlixTeam handles technology development, network planning, operations control, marketing & sales, quality management and continuous product expansion. Registerbekanntmachung im Volltext His commitment to education, entrepreneurship, and strong innovative is demonstrated by hislectureship at Friedrich Alexander Universityand his roleas a founding partner of the FightBack initiative, which promotes the shift to a more sustainable society. FlixMobility has successfully closed its financing round G and gained US investor Canyon Partners. FlixMobility GmbH operates domestic long-distance bus networks in France, Italy, Austria, and the Netherlands, as well as the regular cross-border services to Scandinavia, Spain, England, and the region of Central and Eastern Europe. [23][24], Starting on 24 August 2017, FlixBus cooperated with Czech train company LEO Express to take over the operation of the Locomore rail service between Stuttgart and Berlin (via Hanover and Frankfurt) in Germany. Engert, Jochen; Geschftsfhrer: 7. FlixMobility is particularly focused on further growth through expansion in new and existing markets as well as expanding its train business in Germany, Sweden and other European countries. On 17 August 2022 a baby boy was born on the ParisWarsaw line, near the Pozna station. Asia Pacific; EMEA; Latin America; UK Solicitors; UK Bar; United States Neue Registerbekanntmachung vom 27.10.2022: 11 || b) nderung zu Nr. Click here to get in touch with customer service or call +1 (855) 626-8585. document.write(new Date().getFullYear()); Flix SE, + A full-electric drive for long-distance e-Buses to be developed within the next 4 years. In 2013, FlixMobility was founded by three entrepreneurs as the start-up FlixBus. Some modules are disabled because cookies are declined. Christoph Debus is anexpert in the mobility industryand has worked in a number of interdisciplinarypositions in the capital marketwhich gobeyond traditional CFO activities. Revenue: We use cookies to optimize the website, no personal information is stored. 6. [25], On 24 March 2018, FlixMobility acquired the open-access operator Hamburg-Kln-Express, which operated a route between Hamburg and Cologne, and integrated the HKX route into the Flixtrain network alongside the above-mentioned Locomore service. Copyright 2023 TCMI, Inc. All Rights Reserved. Germany-based Flixmobility GMBH, better known as Europe's leading bus operator FlixBus, has officially applied to Turkey's competition watchdog to acquire Kamil Ko, the country's second-largest bus company. Geschftsfhrer: 9. The specific companies identified above may not be representative of all of TCVs investments and no assumption should be made that the investments identified were or will be profitable. 181. The transaction is not subject to any closing conditions and will complete on October 21, 2021. Flixmobility GmbH has not filed any forms with the United States Securities and Exchange Commission. Flix reports strongest results for summer season, FlixBus launches the longest European bus line running on Colza Biodiesel. Electric motors are three to four times more efficient than combustion engines. Registerbekanntmachung im Volltext Annual financial reports in full text (possibly very extensive) "The recent financing is a strong sign for the future and for our vision to provide sustainable mobility with FlixBus and FlixTrain to people all over the world," said Jochen Engert, founder and co-CEO of FlixMobility. Send an email to charter@flixbus.com. Prices to take the E-bus are in line with our standard, dynamic FlixBus pricing system and start as low as 3.99. Whenoperating our FlixTrain long-distance trains, we cooperatewith themost successful private train operators in Europe. German-based FlixMobility acquired Dallas-based Greyhound Lines from FirstGroup. Competitors and similar companies. Buses are, by nature, one of the eco-friendliest forms of transportation - think carsharing times 15. Prior to this post he was theCEO of Thomas Cook Group Airlinesand,most recently, CFO of Condor, where he successfully restructured the company. Delayed London Stock Exchange Founded in 2011, FlixMobility is known in Europe for its innovative tech and unique business . Ease of bookingand anever-growing offeringmean that we provide millions of travelers with acomfortable, affordable, eco-friendly travel experience. As reported, the transaction will result in a cash consideration to FirstGroup plc of $172 million, comprising $140 million paid initially, with $32 million in unconditional deferred consideration paid in instalments over eighteen months. His profound commitment toalternative mobility concepts led him to discuss the possibilities of a liberalized mobility conceptwith his co-founders in the course of hisconsulting activities at the Boston Consulting Group (BCG) in 2009, and he subsequently founded Flix in 2013. Phillip R. Mills, Ajay B. Lele, rian D. Hirsch, Lawrence R. Plotkin, William A. Curran, Ronan P. Harty, and Robert F. Smith. A further$1.5 millionmay also become payable contingent on specific agreement of a particular property lease. The company furnishes local and suburban mass passenger transportation over regular routes and on regular . [11], In November 2015, FlixBus announced the establishment of a new subsidiary called FlixBus B.V. in the Netherlands, creating the very first national Dutch intercity bus network. flixmobility gmbh annual reportHearing Care is Health Care.We offer several treatment options to help you better communicate . Den Groteil der Umsatzkosten machten fr die Flixmobility GmbH im Jahr 2019 vor allem die Fremdleistungen von Buspartnern aus. 29): ILO C087 - Freedom of Association and Protection of the Right to Organise Convention, 1948 (No. That amounts to some 16 million annual passengers. All press releases Media Center. Thanks to a unique business model and innovative technology, FlixMobility has quickly established Europes largest long-distance bus network and launched the first green long-distance trains in 2018 as well as a pilot project for all-electric buses in Germany and France. Flix reports strongest results for summer season. Flix SE Launches Flix North America, Inc. to Increase Business Synergies and Oversee U.S., Canada, and Mexico Operations for FlixBus Inc. and Greyhound Lines, Inc. And, at Flix, we believe in providing people with the freedom to choose where they want to go and how they want to get there. It sells tickets through its sales agencies, Website, or smartphone applications. Primary Industries. Contact FlixBus: Smart Bus Travel. Seeone ofFlixs first aid-transports on March 2, 2022, from Berlin to Przemyl, 843 km to the South East at the. Das Unternehmen ist wirtschaftsaktiv. The FlixBus all-electric fleet increased in October 2018 with the addition of the German Flix E-Bus on the route between Mannheim and Frankfurt. second route of long-distance e-bus transportation, General Conditions for Business and Booking, General terms and conditions of carriage - Selection. FlixBus is a brand developed by FlixMobility. [44], On 1 December 2021, FlixBus launched service in Brazil in partnership with Expresso Adamantina, a Brazilian bus company. A CEO interview suggests the startup's asset-light model could prove . This funding will fuel the network expansion strategy in new and existing geographies, as well as bolstering investments in technology to optimize the platform. Every individual makes a contribution to making green mobility even better every day. Read More. Zum Hauptinhalt springen. The oversubscribed Series G funding round includes new investor Canyon Partners, a growth-oriented investment firm with a successful track record in the technology and infrastructure sectors, with participation from existing investors and FlixBus founders. Gesellschaft der Freunde und Frderer der ESMT European School of Management and Technology e.V. [18], On 3 August 2016, FlixBus announced the acquisition of Postbus, a German competitor, from Deutsche Post for an undisclosed sum. You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use. 9: hinsichtlich des Wohnortes: Geschftsfhrer: Stenger, Fabian, *16.08.1985, Mnster mit der Befugnis die Gesellschaft allei Download the PDF. On 6 October 2019, a bus rolled and crashed near, On 3 November 2019, a bus rolled and crashed near, On 29 November 2019, a bus crashed on the. FlixBus FlixMobility 2013 "" . Nucleus: Unit4 returns $1.73 for every dollar spent. As of June 2021, FlixMobility GmbH was valued at US$3 billion. [13], In January 2016, FlixBus announced it was entering Central and Eastern Europe with a new subsidiary FlixBus CEE, covering Czech Republic, Slovakia, Hungary, Romania, Poland, Slovenia and Croatia. Find out more about the launch of the second route of long-distance e-bus transportation in the world. Get the latest business insights from Dun & Bradstreet. AtFlixTrain, we work with partners who are operating green trains inGermany and Sweden. Team members will enforce this code throughout the event. Madeleine Yoran und Sabine Zelm GbR yuii Business-Training. Registerbekanntmachung im Volltext [14][15], In March 2016, the company launched its first routes in the United Kingdom and Spain. In the USA, theGreyhound Bus networkon one hand and the routes covered byFlixBus USon the other provide travelers with aUS-wide service. Green, smart mobility from FlixBus and FlixTrain. Revenue. FlixMobility GmbH has decreased the amount of technologies in use in the last 12 months. At FlixBus, we are paving the way to an even greener future of ridesharing with the launch of the worlds first, 100% electric long-distance buses in Europe. [27][28], In August 2019, FlixBus acquired Turkish bus company Kmil Ko from private equity firm Actera Group.[29]. 2023 OpenCorporation | All texts and contents of the website are released under a free license Attribution 4.0 International (CC BY 4.0) unless otherwise specified. [19], In September 2016, FlixBus announced plans to expand to Scandinavia. the ride. Valuations are submitted by companies, mined from state filings or . The company's new valuation of more than $3 billion is significantly higher than the valuation of the last financing round in 2019, underlining the strong investor support for FlixMobility and the success of its unique business model. The company is headquartered in Poland. [33][34][35] In May 2019, Eastern Bus, which operates along the Interstate 95 corridor between New York City and Richmond, Virginia, reached a deal with FlixBus to operate the East Coast network for FlixBus. Greyhoundthe largest provider of long-distance bus transportation in the U.S.serves 2,400 destinations across North America, per its website. D&B Business Directory HOME . Our success is based on abusiness model which is one-of-a-kind internationallybydigitalizing traditional means of transport like bus and rail. . ", Fueling growth in existing markets and expanding into new regions. In Spring 2018, the FlixBus business model made it to the railways with the launch of FlixTrain. The Flix team takes care oftechnology development, network planning, operations management, marketing & sales, quality management, and continuousproduct expansion. It employs 101-250 people and has $10M-$25M of revenue. Read More. At least three passengers were seriously injured. With a proven business model, enhanced financial profile and supportive investors, FlixMobility is ready to scale. (This email address is only for use by journalists.) FlixMobility GmbH is a company that operates in the Leisure, Travel & Tourism industry. [59][60], In July 2020, the company's Swedish affiliate, FlixBuss AB, was criticized for not enforcing health protocols established by the Public Health Agency of Sweden during the COVID-19 pandemic. [45], FlixBus has been accused of forcing its partners to make drivers work excessive hours at low wages; however, official inspections have found that resting, driving, and working hours in the market were much better than some media reports suggested. PR Manager - United States. 33, 10178 Berlin, Germany. FlixMobility Experience GmbH mit Sitz in Berlin ist im Handelsregister mit der Rechtsform Gesellschaft mit beschrnkter Haftung eingetragen. 138): ILO C182 - Worst Forms of Child Labour Convention, 1999 (No. The mark consists of A panda head in white with black eyes, a red mouth, black nose, and black ears having arms in black forming the letter May 27, 2022. The company is h eadquartered in Poland. It is owned by the mobility platform Flix SE (until April 2022: FlixMobility GmbH), which also operates Flixtrain, FlixCar, Kmil Ko and Greyhound Lines. Helvetia Venture Fund and FlixBus Founders Invest in Car Subscription Solution Provider FAAREN GmbH. For the 52 weeks to March 27, 2021, Greyhound Lines, Inc. reported revenue of$422.6 million, EBITDA of$37.4 millionand an adjusted operating profit of$1.8 million. 98): ILO C100 - Equal Remuneration Convention, 1951 (No. Apply now, we have the right job for you right now! We have collected our most frequently asked questions here for you. In addition to the Retained Properties, FirstGroup will also retain certain other Greyhound liabilities, including Greyhound's self-insurance reserve liabilities up to the date of closing, the Greyhound defined benefit pensions schemes, finance leases and certain environmental and other liabilities and costs. Registerbekanntmachung im Volltext [30] In April 2022, FlixMobility GmbH was renamed Flix SE. As these are zero emission vehicles, they will not contribute any carbon or harmful emissions into the atmosphere. FlixBus said in a statement Wednesday that the global mobility provider and Kamil Ko's current owner private equity firm Actera Group . Mobility is about freedom. Upon development of this technology, FlixMobility plans to test and launch . [61][62], On May 14, 2020, the Disability Rights Legal Center (DRLC) filed a federal nationwide class action lawsuit in a California U.S. District Court against FlixBus Inc., TourCoach Charter & Tours, and USA Coach Services, on behalf of Francisco Serrano and all passengers who use a wheelchair, scooter, or other mobility aid. We are confident in our ability to offer green mobility to even more people in the future, through both an expanded network offering on rail and road in our existing markets, as well as in new countries and continents. How much do FlixMobility employees make? Sean Hanft. [43] and in May expanded into British Columbia with routes from Vancouver to Bellingham, Everett and Seattle in Washington State. [64], FlixBus' current logo, used since 5 May 2016, Use of infrastructure without toll payments, Following protocols during the COVID-19 pandemic, "Flixbus sammelt 500 Millionen Euro ein und steigt ins Ridesharing ein", "FlixMobility raises over $650M in Funding at $3B Valuation planning further global expansion", "Flixbus aims 'to make coach travelling cool again', "Mobility Challengers Company Presentation by Jochen Engert, Founder & Managing Director of FlixBus at the NOAH 2015 Conference in Berlin", "European FlixBus brings tech-driven bus network to L.A.", "How Flixbus conquered the European coach market", "Reinventing Travel: FlixBus Celebrates Five Years of Booming Business", "Autocars: l'allemand FlixBus se lance en France", "FlixBus: viaggiare per l'Italia spendendo solo 1 euro e 9 euro per l'Europa", "FlixBus opent netwerk intercitybussen in Nederland", "Flixbus, la startup degli autobus low cost che vuole creare 1.000 posti di lavoro", "FlixBus expands international service from Czech cities", "Blaguss fhrt mit deutschem Flixbus nach Osteuropa", "European leader of intercity buses enters the UK", "Green Mobility - European Leader Launches Service in Spain and the UK", "FlixBus to acquire long distance coach service of Deutsche Post", "Tysk busselskab satser p danske indenrigsruter", "Abildskou bliver den frste FlixBus-partner i Danmark (Abildskou becomes the first FlixBus partner in Denmark)", "FlixBus acquires long-distance bus business 'HELL', "Flixbus triples passengers to and from Portugal", "FlixBus celebrates 7th birthday and announces further expansion", "Kooperation zwischen Fernbusanbieter und Fernzug-Startup Locomore", "FlixTrain to launch German open-access services this month", "Negotiations successfully completed: FlixBus buys Eurolines/isilines from Transdev Group", "FlixBus, the German Uber-like bus service, is buying rival", "German FlixBus moves to acquire prominent Turkish bus company Kamil Ko", "International expansion: FlixBus starts bus services in the UK and the Baltics", "FlixBus Launches in United States, Plans to Disrupt Traditional Bus Market", "Germany's data-driven FlixBus launches in the U.S. to make bus travel cool again", "German bus startup FlixBus launches in New Orleans", The Times-Picayune/The New Orleans Advocate, "FlixBus, a green entrant to U.S. bus travel, arriving in San Antonio", "Europe's largest intercity bus network expands services to Houston, Gulf Coast region", "How Greyhound, Coach USA sales will impact intercity bus lines", "FlixMobility acquires Greyhound to Expand U.S. Intercity Bus Services", "Germany's FlixMobility acquires Greyhound Lines, the iconic", "Germany's Flixbus acquires US Greyhound bus company", "FlixBus owner hitches ride with Greyhound as FirstGroup exits", "Dallas-based Greyhound sells to Europe's largest long-distance bus network", "FlixMobility Acquires Greyhound to Expand U.S. Coach Services", "Giant German bus company hits the highway in Canada", "New bus service will get you from Vancouver to Seattle for just $18", "FlixBus starts in Brazil first connections from So Paulo, Rio de Janeiro and Belo Horizonte from Dec 1st", "Bus della Flixbus si ribalta sull'A4 in provincia di Udine: 26 feriti, uno grave", "Drei Schwerverletzte Zwei Flixbus-Unflle in einer Nacht", "Un mort et 60 blesss dans un accident de car", "Un mort et 17 blesss, dont un grave, dans un accident de car Flixbus dans l'Aude", "Dozens injured in France Flixbus bus crash", "Thanksgiving charter bus crash on Turnpike kills 1", "Einhaltung der Sozialvorschriften im Straenverkehr und der Arbeitszeiten bei Fernlinienbusunternehmen ", "Verkehrsminister fordern Maut fr Fernbusse", "bdo weist Forderungen nach einer Fernbusmaut zurck", "Flixbus schluckt Postbus: Die Fernbuskrake", "Flixbus kauft Postbus: Was die Fernbusfusion fr Fahrgste bedeutet", "Das bedeutet das neue Fernbus-Monopol fr Kunden", "Eurostar to trial passenger data exchange with Belgian authorities", "Le gouvernement donne son feu vert deux projets pilotes largissant le PNR", "Karin Isgren: "Jag knde mig chockad och orolig", "Karin Isgren: "Bussbolag: Otydligt om avstnd frn Folkhlsomyndigheten", "Class Action Lawsuit Alleges "Discrimination and Humiliation" by FlixBus Passengers with Disabilities Repeatedly Denied Accessible Vehicles", https://en.wikipedia.org/w/index.php?title=FlixBus&oldid=1132544755, Daniel Krauss, Jochen Engert, Olaf Rosati, Andr Schwmmlein, On 19 May 2018, a bus rolled and crashed near. 17 August 2022 a baby boy was born on the ParisWarsaw line, near the station. 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