Alsa continues to take steps to allow new members to join Movelia, a bus ticket aggregator in Spain. Moventia has joined the digital platform, in which it has taken 5%. The operation has been channeled through a sale of shares.
In this way, the Catalan company, controlled by the Martí family, becomes the third shareholder of the firm, behind Alsa itself and Interbus, in second position. The latter firm is headquartered in San Sebastián de los Reyes (Madrid) but focuses its operations in the southern half of Spain.
Moventia had already incorporated all its routes on the Costa Brava to the Movelia platform last September. Now, it goes one step further by integrating all its routes (basically, in Catalonia) and by becoming a shareholder.
“Moventia should be involved in a project that makes us operators strong and, at the same time, protects us against the future entry of new aggregators,” explained Moventia’s director of expansion and investment analysis, Miquel Martí Pierre, member of the fourth generation that has just joined the board of directors of the group.
The company expects to bill 700 million euros this year (between its bus and dealer divisions) and is currently trying to grow, outside of Spain, in France and the Middle East.
For its part, Movelia invoiced 36.6 million last year and obtained a profit of 673,358 euros.
The project led by Alsa was born in 2001, but in recent years it has received a boost with the aim of creating what has been called the Amadeus of the road, aware of the increasing weight that external supply aggregators may have. companies.
In this case, Alsa intends to gradually incorporate into Movelia the companies whose tickets are being marketed. Currently, the search engine adds tickets from more than one hundred companies and offers more than 100,000 combinations of national and international routes.
