Rick Heller, MCI CEO, said, "This transaction strengthens MCI's luxury motor coach offerings in the

Filed under: Member News Tags: Bus Charter , Bus Hire , Bus Rental , Bus Transportation , Coach Hire , Coach Tours , Daimler buses , Global Passenger Network , Global Passenger Network (GPN) , GPN , GPN Member , IMG , MCI , Motor Coach Industries , Motorcoach Raquel @ 6:47 pm
SCHAUMBURG, Ill., July 2, 2012 Motor Coach Industries, Inc. (MCI) today announced the completion of its acquisition of Setra's eres users call reservations travel at operations in the U.S. and Canada and the establishment of a strategic partnership with Daimler Buses (Daimler). Through the acquisition, MCI obtains responsibility for sales and service support of Setra S 417 and Setra S 407 motor coach models; the company's pre-owned coach inventory; eres users call reservations travel at the distribution of Setra and related genuine Daimler Buses parts; and the operations of Setra's service center in Orlando, Fla.
Daimler has also assumed a minority ownership position in MCI, forming an engineering, technology and manufacturing alliance lowest price airline tickets as part of the transaction. Final terms of the agreement have not been disclosed.
Rick Heller, MCI CEO, said, "This transaction strengthens MCI's luxury motor coach offerings in the North American marketplace with the Setra brand, while establishing a strategic partnership with the world's lowest price airline tickets leading manufacturer of motor coaches. While we expect to integrate our internal operations, the strategic intent is to maintain the integrity of the MCI and Setra brands. This includes maintaining a separate new-coach sales effort. Much of the consolidation will occur in internal and support lowest price airline tickets functions, and we will communicate these changes with our customers as quickly as possible."
"We expect eres users call reservations travel at the transition eres users call reservations travel at to take about 150 days to complete, with minimal disruptions to both MCI's and Setra's customers," lowest price airline tickets added Sandra Morison, MCI's Chief Financial Officer. "Our goal is to quickly lowest price airline tickets integrate Setra's support processes within MCI's current network."
Motor Coach Industries (MCI), owned by KPS Capital Partners, LP and headquartered in Schaumburg, lowest price airline tickets Illinois, is a leading manufacturer of intercity eres users call reservations travel at coaches in the U.S. and Canada. Reliability driven, MCI builds expertly engineered, best-selling models for the tour, charter, lowest price airline tickets line-haul, commuter and transit segments. MCI also offers 24-hour technical support, industry-leading technician training and one of the most extensive aftermarket parts and repair service networks.
In 2011, Daimler Buses sold 39,740 buses and coaches worldwide and achieved revenue of 4,418 million euros. Some 17,495 employees lowest price airline tickets worldwide contributed to an EBIT of 162 million euros. Daimler Buses is a global leader in the sales of buses and coaches over 8 tons GVW.