Ratp Dev Takes Controlling Interest in The Fullington Auto Bus Company
CLEARFIELD, Pa.--The Fullington Auto Bus Company announces that Ratp Dev has signed agreements to acquire controlling interest in The Fullington Auto Bus Company. Ratp Dev is a subsidiary of RATP, the leading transport operator in the Paris Ille-de-France region, France. RATP carries over 10 million passengers daily, over 200 miles of tracks. It operates and maintains all modes of transportation; bus, metro, tramway and rail. Ratp Dev operates urban and suburban networks on four continents.
“This opportunity will allow Fullington to continue to thrive in all areas of our business, while taking advantage of the worldwide experience and insight of our exciting, new global partner, Ratp Dev,” explained Aerial Fullington Weisman, president and chief executive officer of The Fullington Auto Bus Company. “We are pleased that just as The Fullington Auto Bus Company has a solid foundation of over 100 years in the transportation business, Ratp Dev draws from the 60 years of experience of its mother company, RATP, as well. Moreover, Ratp Dev’s business philosophy mirrors our’s; they value their employees and customers, provide security and reliability, are continually innovative, and provide long-term security. This shared philosophy will make this a natural transition for our customers and employees alike,” she said.
“We are pleased and proud to assure our employees and customers that The Fullington Auto Bus Company will continue to operate under our existing name. The upper management team will remain fully in place, and we look forward to personally continuing our business relationships in each area of the company,” said Michael L. Fullington, vice president and chief operating officer, The Fullington Auto Bus Company.
Jean-Marc Janaillac, president and chief executive officer of Ratp Dev states, “The Ratp Dev philosophy of development is based on partnership. Our decision to expand our company into the United States with The Fullington Auto Bus Company is based on the solid belief that we share the same values of quality, integrity and respect.” Janaillac went on to say, “We are convinced that Fullington’s reputation as an outstanding transportation company, combined with the financial and technical support of Ratp Dev will make it a more formidable company, recognized and respected by the transportation industry.”
The Fullington Auto Bus Company operations include over 350 employees, 52 motorcoaches, 138 school buses, and 11 limousines with offices in Clearfield, DuBois and State College, Pa., as well as school bus offices and garages in Clearfield, Philipsburg, Houtzdale and Hollidaysburg, Pa. For more information on Fullington Auto Bus Company visit their website at www.fullingtontours.com
Ratp Dev operates and maintains buses, metros, tramways and rail systems worldwide and brings its expertise together with its local affiliates in Algeria, Brazil, China, France, Germany, India, Italy, Morocco, South Africa, South Korea, West Indies, and now the United States. For more information on Ratp Dev visit www.ratpdev.com.