Bamford Bus Company has confirmed that it has now acquired Wrightbus from administrators and will focus on stabilising the business and rebuilding its brand. Bamford Bus Company is wholly owned by Jo Bamford, who left family-owned JCB in 2016, is the founder and executive chairman of Ryse Hydrogen which earlier won a contract to supply 20 hydrogen-powered double-decks to Transport for London.
Bamford will serve as executive chairman of Wrightbus and former JCB executive Buta Atwal becomes chief executive.
“Wrightbus is a proud family business which is part of the fabric of Northern Ireland life and business,” says Bamford. “I am delighted to acquire such an established and respected brand. We can now start to look to the future and build on the excellent work that Sir William Wright and his family have done to develop the Wrightbus business.
“We will now begin speaking with customers and suppliers over the coming weeks in order to take a closer look at the financial situation that Wrightbus faces in order to build a viable and sustainable business.”
Atwal adds: “As bus transportation looks to decarbonise, there is growing demand for market leaders in this field. Wrightbus has the potential to lead the way in this area given its track record in manufacturing state-of-the-art zero emission hydrogen buses as well as electric and hybrid models. We must now focus on that opportunity and work hard as a team to move forward and rebuild this great business.”