12/28/17 FULLINGTON FAMILY RE-PURCHASES OUTSTANDING SHARES OF COMPANY STOCK
State College, PA: The Fullington Auto Bus Company is pleased to announce that our company is once again owned 100% by the Fullington family. Michael and Lory Fullington have re-purchased all outstanding shares of the company stock owned by previous parent company, RATP Dev, a global transportation company based in Paris France.
“We’re excited to begin the new year, a re-birth of sorts, with total ownership and control of the company,” said Michael Fullington. “We can now focus our organization exclusively on meeting the transportation needs of our customers,” added Jonathan Berzas, President and CEO of the company.
Since 1908, The Fullington Auto Bus Company has served Central Pennsylvania and beyond with safe, reliable and comfortable transportation services. Fullington Trailways is the leading and most recognized transportation provider in our area, serving educational groups, sports teams, church groups, and corporate VIPs. People are at the heart of The Fullington Auto Bus Company. “We’re not just co-workers serving customers, we’re family serving friends and neighbors,” Lory Fullington pointed out. The Company began operations in 1908 when Emerson M. Fullington and his three sons began a livery and surrey company in Clearfield. Michael and Lory Fullington are committed to continuing the legacy of service passed down through four generations of Fullingtons over the past 110 years. “That’s my family’s name on the sides of those buses,” remarked Michael Fullington. “I feel a personal responsibility for making sure we honor that legacy in everything we do as a company.”
In 2009, RAPT Dev, the fourth largest ground transportation company in the world, approached Aerial Fullington Weisman, CEO of the Fullington Auto Bus Company at the time, about partnering to enter the US Market. The decision was made to sell majority ownership of the company to RAPT Dev. Over the past 9 years the company has grown and prospered. “We’ve learned a lot from each other,” said Jonathan Berzas referring to the relationship between The Fullington Auto Bus Company and RATP Dev, “And we’re pleased with what we were able to achieve together.” Negotiations for the re-purchase of the company began in early 2017 and concluded in December. “We’re really proud of where we’ve been and where we are right now. And we’re excited about where we’re going,” said Michael Fullington.
Jonathan Berzas, CEO