Every American knows the silver-colored Greyhound buses.

The company founded in 1914 with the jumping greyhound as its logo is an icon in the American long-distance bus market, no question about it.

But somehow Greyhound, who belong to the British First Group, is no longer up to date.

The brand is well known, but the buses are getting on in years.

Even before the corona pandemic, fewer and fewer passengers boarded the silver-gray buses on the legendary north-south highway between Miami and Chicago.

The European FlixMobility has now succeeded in taking over Greyhound at a correspondingly low cost.

The young Munich-based company is thus unwaveringly pursuing its expansion strategy, always following the same pattern: as a platform provider, supply and demand are organized under a strong brand in the style of Amazon, Airbnb or Uber.

The bookings are made via Flixbus, the green buses belong to partner companies.

And so the 1200 Greyhound buses that have now been taken over should soon disappear from the FlixMobility balance sheet.

With the development of the American long-distance travel market, FlixMobility becomes interesting for the capital market.

Even if the three company founders are only vague about this, an IPO is the next logical step in this remarkable company history made in Germany.