Flixbus buys US industry leader Greyhound

The Munich-based mobility provider Flixmobility, which operates the Flixbus and Flixtrain brands, is taking over the US company Greyhound Lines.

Flixbus conquers the American market and takes over Greyhound Lines. The US company has belonged to the British transportation company Firstgroup since 2007. Flixbus has now taken over the US industry leader for around 172 million US dollars.

Flixbus has been operating buses in the USA under its own brand name since 2018. Initially, the green buses connected destinations throughout the Southwest, including Los Angeles, Las Vegas and Phoenix. The company later expanded its routes and now also connects cities in the Southwest, South, Northeast and Pacific Northwest.

According to Flixbus, the Greyhound purchase is a step towards offering consumers worldwide user-friendly, affordable and environmentally friendly travel. "A convincing offer will lead significantly more travelers away from private cars to shared intercity bus mobility," hopes André Schwämmlein, founder and CEO of Flixmobility. Fluctuations in fuel costs, price increases for cars and climate change have led to increased interest in bus travel. "Together, FlixBus and Greyhound will be able to better serve this increased demand," says the CEO.

Flixmobility was founded by Jochen Engert, Daniel Krauss and André Schwämmlein in Germany in 2013. The Flixbus network now serves over 2,500 destinations in 36 countries outside the USA with 400,000 daily connections.

Greyhound connects around 2,400 destinations across North America and serves almost 16 million passengers per year. As the industry leader, Greyhound has achieved cult status in the USA. Founded at the beginning of the 19th century, the bus company has been the inspiration for many films, song lyrics and other pop culture products.