Dan Transportation Acquires Tnupha for $40 Million
Translated & summarized from Ice by baba
Dan Transportation has officially acquired Tnupha, a public transport company operating in Samaria and the Jerusalem Corridor, for approximately 150 million shekels. The deal, pending regulatory approval, aims to expand Dan's geographical reach and improve service quality. Tnupha has faced significant criticism and fines for poor performance, with its CEO expressing commitment to enhancing services post-acquisition.
The story in 5 lines · by baba
- Dan Transportation is acquiring Tnupha for approximately 150 million shekels.
- The acquisition expands Dan's operations into Samaria and the Jerusalem Corridor.
- Tnupha operates about 350 buses and has annual revenues of 400 million shekels.
- Tnupha has faced heavy criticism and fines for poor service.
- Dan CEO Ofir Karani aims to improve service quality in Tnupha's operational areas.
Dan Transportation has officially acquired the public transport company Tnupha for approximately 150 million shekels (about $40 million). The acquisition, led by Dan CEO Ofir Karani, is part of Dan's strategy to expand its core operations beyond the Gush Dan metropolitan area into other regions of Israel. Tnupha, established in 2020, operates public transport routes in the Samaria and Jerusalem Corridor areas, including Beit Shemesh and its surroundings.
The deal is contingent upon due diligence and regulatory approvals. Upon completion, Dan will operate Tnupha's current routes. Tnupha, which owns about 350 intercity buses and generates roughly 400 million shekels in annual revenue, is currently owned by China Motors (60%), Maya Tour, and the Shasha Group. Following the acquisition, Dan's bus fleet is expected to grow to approximately 3,500 vehicles.
The purchase aims to broaden Dan's geographical reach and strengthen its public transport operations. This move aligns with Dan's broader activities in transportation, infrastructure, electrification, and technology. The final agreement was delayed due to internal disagreements among Tnupha's shareholders regarding fund distribution.
Tnupha's sale comes amid significant operational challenges, including numerous complaints about poor service, which led to public protest, notably by Ariel Mayor Yair Shtabbon. A Ministry of Transport report indicated Tnupha received the lowest performance score among all operators in the latter half of 2025 and incurred substantial fines totaling around 78 million shekels by the end of that year.
Dan CEO Ofir Karani stated that the acquisition is a step towards expanding Dan's core operations and presence in new areas. He added that Dan intends to leverage its operational experience to provide reliable and quality service to passengers in Tnupha's service regions, continuing to invest in service, technology, and human capital.
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