chapter for the businesses.

Grenda’s history in buses can be dated back to 1945 and was started by the late George

Grenda. During nearly seven decades, GTM has experienced significant growth and today it

is the leading bus operator in Victoria.

Volgren commenced its operations in 1977 and has become the market leader in bus body

assembly in Australia, with plants in Dandenong, Perth, Brisbane and Newcastle.

Ken Grenda said today, “the decision to part with our family’s business has not been taken

lightly, particularly given the involvement that Geoff, Scott and I continue to have in the

business. However, as the family grows, interests continue to diverge, with the next

generation not expected to be in a position to run the business for a number of years. As

such, we have decided that the business would be better positioned under the care of an

organisation with strong ambitions in the industry that will continue to capture the

significant growth opportunities and build on the current platform.”

Ken went on to thank the employees of Grenda, saying the family were very grateful for

their loyalty and hard work over the years.