National Express is changing its name to Mobico as the UK transport group, synonymous with long-distance coach travel, seeks to establish itself as “the world’s leading shared mobility operator”.
In a statement on Wednesday, the company said Mobico “better reflects the international nature of the group and its broad range of mobility services.” The group, which became National Express in 1992, operates public transport operations in Europe, North America and Africa.
THE National Express The name has been used on UK long-distance coaches since 1972 and will continue to be used as a customer-facing brand. It will retain other brands including Alsa, WeDriveU, Peterman and Durham School Services.
“While National Express is a highly regarded consumer brand, Mobico best represents our multimodal operations, global reach and future ambitions,” said Chief Executive Ignacio Garat, adding that he wanted Mobico to become “the leading mobility operator shared to the world”.
The name change will take place next month, when the stock market ticker will change from NEX to MCG.
National Express said the move “will not involve any operational or structural changes to the group or any of its subsidiaries and will be implemented in a cost-effective manner.”
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