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Infratil offer for Stagecoach, Fullers Welcomed

Media release
21 November 2005


Mayor Harvey welcomes news that Infratil has offered to purchase Stagecoach and Fullers

Waitakere Mayor Bob Harvey has welcomed the news that Infratil Limited has made an offer to purchase the Auckland region bus and ferry services presently provided by Stagecoach and its subsidiary Fullers Group Ltd

“Waitakere City and Infratil have worked together for the past three years to secure Whenuapai military airbase for use as a commercial airport,” Mayor Harvey says.

“The company and its principals are highly respected and ‘savvy’ business people specialising in transport. If anybody can get Auckland moving, it’s these guys,” he says.

“Infratil makes long term investment decisions and are prepared to improve facilities. Just look at what they’ve done at Wellington Airport,” he says.

“They are experienced in running airports in different parts of the world and with this latest acquisition, they have the air, land and sea covered.

“Perhaps most the pleasing aspect is that key national infrastructure is once again in the hands of a kiwi company committed to the good of this country,” says Mayor Bob Harvey

ENDS

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