Businessmarkets
Dan Acquires Jerusalem Bus Operator Tnufa for NIS 150 Million
Dan Bus Company has agreed to acquire Jerusalem-area public transport operator Tnufa for NIS 150 million. The strategic purchase expands Dan's reach into the Jerusalem corridor, despite Tnufa's recent operational challenges. While Tnufa has faced substantial public criticism and customer dissatisfaction, the acquisition aligns directly with Dan's long-term growth and regional expansion goals across Israel's public transit network.