Pictured above from left is Rivervale’s Director of Minibus Services, John Peterson, who will lead both minibus operations, along with Caroline Ilsley, Leanne Self, Sharon Gilpin and Nick Patel.
RIVERVALE Group, a provider of car and van leasing, has acquired leading minibus business Castle Minibus for an undisclosed sum.
It is the first acquisition since the management buyout in April 2022.
Rivervale said it has been building its expertise in minibus leasing for the last four years, and says the integration of Castle Minibus within the group will strengthen its position in the minibus market.
Neil Chapman, Chairman of Rivervale said that the group was thrilled to welcome Castle Minibus into the Rivervale family.
The pairing of these like-minded businesses allows us to better serve our customers by offering a comprehensive range of minibus services. We look forward to the opportunities and growth that this partnership will bring.
Castle Minibuses will continue trading under its existing name and all staff are retained, although both minibus teams will now be led by Rivervale’s John Peterson.
Although Castle Minibuses will not be rebranded, Neil added that Rivervale itself was currently undertaking a rebranding process as part of the MBO’s commitment to further evolving the business.
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