Trainline, the platform for train and bus travel, has acquired online rail and bus ticket provider Trenes.com for an undisclosed sum.
Trainline plans to integrate the capabilities and talent provided by the acquisition of Trenes.com, which is based in Barcelona and was founded in 2014.
The United Kingdom-based company said it would use its Platform One tech to drive more customers for Trenes.com, improve the user experience and create a more seamless experience.
“The Spanish rail market is leading the way in the liberalisation of European rail, which is driving growth and delivering greater accessibility and variety of service for customers. Trenes.com and Trainline are united in the same mission, to facilitate access to the best travel options at competitive prices, driving more people to choose the sustainable option of rail travel," said Pedro Garcia, general manager for the European Union at Trainline.
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"Our acquisition of Trenes.com promises more to Spanish customers and the investment will mean Trenes.com will be able to benefit from our tech innovation and marketing capabilities. In turn, more customers will be able to find and compare the cheapest and most convenient travel options and promote modal shift,” he said.
Pere Sallent Costajussà, co-founder and CEO of Trenes.com, said he was proud of the business the team had built and is "excited about its next leg of growth as part of the broader Trainline business, helping expand the brand’s reach so that it can help more people to book their rail and bus travel.”
Trainline also announced several changes to its team.
Mike Hyde is widening his current role of chief data officer to become chief technology officer. His remit includes accelerating artificial-intelligence driven technology and product innovation.
And Nina de Souza has joined the company as chief product officer from a similar role at B2B auctions marketplace TBAuctions.com.