The story
Aberdeen Corporation
Aberdeen Corporation Tramways was formed on 26 August 1898. The company was renamed Aberdeen Corporation Transport Department when it became solely a bus operator with trams ceasing on 3 May 1958.
Grampian Regional Transport
Under local government reorganisation in 1975, the Aberdeen Corporation bus operations transferred to Grampian Regional Transport, a department of the Grampian Regional Authority.
To comply with the Transport Act 1985, Grampian Regional Transport was incorporated in 1986, with the Grampian Regional Authority retaining ownership.
In January 1989 the company was privatised under an employee stock ownership plan led by its general manager Moir Lockhead. At the time GRT operated a fleet of 200 buses and 500 employees.
Unlike future similar sales in the UK, the sale of Grampian Regional Transport was done voluntarily by the council which had no overall majority party and had no deep rooted objection to the sale. At the time, councils could negotiate privately with single buyers, rather than the later practice of competitive bidding. It was a sale of a going concern, rather than as seen in other areas in later years, a distress sale, or a forced sale for political reasons.
First Grampian
While the company continued to operate as GRT in Aberdeen, its holding company GRT Bus Group expanded through acquisition purchasing six former nationalised bus companies in England and Scotland. In April 1994 GRT Bus Group became a public limited company. In April 1995 FirstBus was formed through the merger of the Badgerline and GRT Bus Groups, with fleets in England, Wales and Scotland. Aberdeen was selected as the headquarters.
In February 1998 Grampian Regional Transport was rebranded as First Aberdeen.
From Wikipedia’s article on First Aberdeen, shared under CC BY-SA 4.0.3
