SuperShuttle International, Inc. Acquires Golden Touch Transportation of New York, Inc.
22 Mayo 2008 - 9:25AM
PR Newswire (US)
PHOENIX, May 22 /PRNewswire/ -- SuperShuttle International, Inc.
announced today it has acquired Golden Touch Transportation of New
York, Inc. The purchase price of the acquisition was not disclosed.
(Logo: http://www.newscom.com/cgi-bin/prnh/20071030/LATU031LOGO)
The acquisition of Golden Touch Transportation includes
approximately 200 vehicles including 100 buses, 85 vans and 15
sedans. SuperShuttle will inherit 75 employees and 125 franchisee
drivers as a part of the transaction. Thomas J. Herrschaft, owner
of Golden Touch will remain as CEO and President of Golden Touch
Transportation of New York a wholly-owned company of SuperShuttle
International. The new acquisition will bring a new business
segment to SuperShuttle's existing shared ride service as Golden
Touch specializes in operating airline crew transfers from JFK,
Newark and La Guardia airports. In addition, Golden Touch operates
a number of contracts for scheduled bus service in the greater New
York area. SuperShuttle expects Golden Touch to expand these crew
transfer and specialized contract services on a national level.
SuperShuttle International, based in Phoenix, AZ is a division of
Veolia Transportation On Demand and a subsidiary of Veolia
Environment (Euronext: VIE, NYSE: VE). SuperShuttle serves 27
airports, carrying more than eight million passengers a year.
Airports served by SuperShuttle include some of the largest in the
country including Los Angeles, New York, Dallas/Ft. Worth,
Washington, D.C. and Miami. Please go to
http://www.supershuttle.com/ for more information. Veolia
Transportation, Inc. Veolia Transportation is the leading provider
of passenger ground transportation services on the North American
continent, operating bus, rail, taxi, shuttle and para-transit
systems in over 120 locations in the US and Canada. Veolia
Transportation entered the North American market in 2001 and has
quickly expanded to a national presence, with over 16,000 employees
and annual revenues approaching $1 billion.
http://www.newscom.com/cgi-bin/prnh/20071030/LATU031LOGO
http://photoarchive.ap.org/ DATASOURCE: SuperShuttle International,
Inc. CONTACT: Ken Testani of SuperShuttle International, Inc.,
+1-480-609-3000, ; or Margaret Nathan of Strategic Communication,
Inc., +1-801-209-5485, , for SuperShuttle International, Inc. Web
site: http://www.supershuttle.com/
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