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CMC-Asterion consortium bids for Mobico

PRIVATEOct 26, 2026

Acquiring Company

CMC Group

Acquired Company

Mobico Group PLC

SpainBirminghamTransportationTransportation

Description

A consortium of CMC Group (50.1%) and Asterion Industrial Partners (49.9%) announced a public acquisition offer for 100% of Mobico Group, valuing the company at about 283 million pounds (338 million euros). The cash offer of 46 pence per share implies a 93.3% premium over the August 3, 2026 close and aims to delist Mobico from the stock market via a scheme of arrangement subject to court and shareholder approval.

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Company Information

Company

CMC Group

Location

Spain

About

CMC Group is the family office of the Cosmen family, a Spanish investment vehicle that holds 50.1% of a consortium bidding for Mobico Group. The Cosmen family has a long investment track record in passenger transport and currently controls around 26% of Mobico's capital.

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Frequently asked

Who acquired Mobico Group PLC?

Mobico Group PLC was acquired by CMC Group, based in Spain. The deal was reported on October 26, 2026. CMC Group is the family office of the Cosmen family, a Spanish investment vehicle that holds 50.1% of a consortium bidding for Mobico Group. CMC Group is privately held and operates in Transportation.

When did CMC Group acquire Mobico Group PLC?

CMC Group's acquisition of Mobico Group PLC was reported on October 26, 2026. A consortium of CMC Group (50.1%) and Asterion Industrial Partners (49.9%) announced a public acquisition offer for 100% of Mobico Group, valuing the company at about 283 million pounds (338 million euros). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Mobico Group PLC do?

Mobico Group PLC, formerly known as National Express, is a transport group specializing in bus and coach services. The company operates in the UK and North America, providing various transport solutions. It is publicly traded (NXPGY), operating in Transportation, and is based in Birmingham.

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