Articles | FSP advises Stewarts Coaches on acquisition of Woods

Team led by Penelope Garden advises on a strategic acquisition.

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Penelope Garden

Penelope Garden

Field Seymour Parkes has advised longstanding Stewarts Coaches, the award winning Berkshire based transport company, on its acquisition of Woods Coaches of Leicester for an undisclosed sum.  Stewarts Coaches, which recently won a “coach operator of the year” title at the Route 1 Operator Excellent Awards will retain the Woods Coaches name.

Following the acquisition the Stewarts Group now operates a fleet of 60 vehicles from luxurious 16 seat minibuses to full size touring coaches, state of the art buses and magnificent “team coaches” offering full hospitality facilities.

Stewarts Group CEO and co-owner Andy Cotton said “Woods Coaches is an excellent fit for Stewarts as we share the same core values and commitment to passenger safety, driver welfare and exceptional standards of service.  Penelope did an amazing job in helping make this all happen and without her tremendous input, tenacity and overall contribution it simply would never have happened.”

Penelope was assisted on the transaction by corporate solicitor Caroline Airey and employment solicitor Louise Smyth and tax partner Phillipa Roles.