Arriva has become the leading international transport provider in eastern and central Europe after parent company Deutsche Bahn successfully acquired Veolia Transport Central Europe (VTCE).

Although the exact cost of the sale has not been revealed, it is a significant deal that will enable Arriva to enhance its services.

VTCE employs more than 6,300 people and has a fleet of 3,400 vehicles across 60 depots in six countries. Its primary function is to provide bus services for local authorities.

The acquisition ensures Arriva now has a presence in 15 nations and has an overall workforce of more than 55,000 people.

Mike Cooper, deputy chief executive officer and managing director of Arriva's mainland Europe business, said VTCE has established itself in Croatia, Czech Republic, Serbia, Poland, Slovakia and Slovenia.

"We will focus on working very closely with our new partners and developing strong, long-term relationships that enable Arriva to bring value to clients and customers," he remarked.

A recent report by Network Rail showed that Arriva's train operations in the UK were more punctual in April, while a separate study by the Office of Rail Regulation suggested the firm has also improved its customer satisfaction ratings of late.