Nobina AB (former Concordia Bus AB) is the largest bus transport group in the Nordic region, serving markets in Denmark, Finland, Norway and Sweden with a total of 3,347 buses (2014). Since 2005 the group is based in Stockholm. Concordia Bus BV was founded in 1997 by Schøyen Gruppen (37%) and National Express (63%). The company was registered in Amsterdam, Netherlands, but was managed by Schøyen-subsidiary Concordia Bus Management AS with headquarters in Oslo, Norway. In 1999, National Express withdrew, while Goldman Sachs' subsidiary Bus Holdings Sàrl (registered in Luxembourg) came in with an owner share of 51.0%. Schøyen owned 47.15% of the shares, while the remaining 1.85% were owned by the management. On 27 October 1999, Concordia Bus and Stagecoach announced that Concordia Bus would buy Swedish bus operator Swebus from Stagecoach Group, which had been acquired in October 1996 as part of the privatisation of the Swedish State Railways' bus operations. The transaction was approved by the European Commission on 10 December 1999 and completed in January 2000. Swebus consisted of holding company Swebus AB, Swedish operating subsidiary Swebus Sverige AB, Finnish operating subsidiary Stagecoach Finland Oy Ab, Swedish tourist coach operator Interbus AB and some other minor subsidiaries. The group structure became, from top to bottom, Concordia Bus BV > Concordia Bus Holding AB > Concordia Bus AB > Concordia Bus Nordic Holding AB > Swebus AB, and then all the subsidiaries. In May 2001, Swebus AB changed name to Concordia Bus Nordic AB, and Swebus Sverige AB subsequently changed to Swebus AB. More information...
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