Kâmil Koç Risk Report

🏗️ Operational & Business Continuity

Kamil Koç, a prominent Turkish bus company, has faced a significant operational and business continuity event with the acquisition by German Flixbus. This strategic move aims to expand Flixbus's market presence and streamline operations for both entities involved. The acquisition highlights a strategic direction toward enhanced business operations and a wider intercity bus network under a unified brand.

• German Flixbus moved to acquire Kamil Koç 🗓 August 21, 2019.
• Kamil Koç bus company was sold to German ownership 🗓 November 22, 2019.

📜 Innovation & R&D

Flix, the parent company of Kamil Koç now, is expanding its business ecosystem through innovation, as seen with significant launches and strategic partnerships. This includes venturing into new geographic markets and forming alliances to capitalize on technological advancements in transportation.

• Flix SE launched Flix North America to boost collaboration 🗓 July 25, 2022.
• Flix North America was established to manage Flixbus and Greyhound 🗓 August 7, 2022.
• Greyhound's parent company, Flix SE, strengthened its North American presence by locating operations in Dallas and making C-suite appointments 🗓 July 21, 2022.
• Greyhound and Flixbus combined platforms to create the largest intercity bus network 🗓 February 28, 2023.