Rotala acquires Hotel Hoppa from National Express
AIM-listed transport company Rotala has completed the acquisition of Heathrow airport passenger link service Hotel Hoppa from National Express for £2m.
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On 17 October Rotala said the acquisition of the passenger transport service, which holds contracts with hotels within a five mile radius of Heathrow central bus station, said the addition would significantly strengthen its operations around London's largest airport.
Hotel Hoppa helping add £6m of additional sales in the first full year following completion of the acquisition, plus EBITDA and profit before tax contributions of approximately £0.5m and £0.2m respectively.