TheGrandWazoo
Veteran Member
It was to do with Loughborough Bus and Coach. Trent sold their Loughborough depot for redevelopment and the ops to Leicester Citybus probably around 1988 - in return, they had a minority shareholding in LCB which was retained when Leicester City Council sold LCB to GRT Group. Nothing to do with Hornby.Think including dividends, it was actually over £4m. Could it be related to Loughborough Coach and Bus or Barton's Leicester operation. A shareholding might well have stopped competition from that operator.. Wonder why it was sold at that time? Maybe they needed funds for new Enviros.
Ten years later, TrentBarton bought KinchBus and restored their Loughborough presence.