Transport tycoon buys into CJ Fallon

Brian Souter, the Scottish transport tycoon, has acquired a stake in CJ Fallon, the Irish schoolbook publisher.

Ian Kehoe - avatar

Ian Kehoe

10th August, 2013

Brian Souter, the Scottish transport tycoon, has acquired a stake in CJ Fallon, the Irish schoolbook publisher, through his private investment vehicle, Souter Investments.

Souter, who founded the quoted bus company Stagecoach, has taken a "significant minority stake" in the company, having agreed a deal with the publisher's new owners, Lonsdale Capital Partners.

Lonsdale, a British private equity fund headed by two Irish financiers, Alan Dargan and Ross Finnegan, acquired CJ Fallon in July, in...

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