[1] It was owned by the Swedish State Railways until October 1996, when it was sold to Stagecoach Group, and then later, in January 2000, to Concordia Bus.

Swebus AB was officially formed on 1 January 1990, when all bus operations of the Swedish State Railways (SJ) were merged to one company.

[5] Another Finnish bus operator, Oy Espoon Auto Ab, was acquired in 1995 and was later merged into Swebus Finland.

Swebus Danmark also won a contract in North Zealand with base in Hørsholm, which started on 1 June 1996.

[11] After the Stagecoach takeover, all of Swebus' operations in Denmark were sold to former Danish State Railways (DSB) bus division Combus A/S in autumn of 1997.

In 1995, Swebus Norge AS was established, and in a different strategy to gain access in the Norwegian market, they acquired bus operators Vestoppland Bilselskap AS in Gjøvik in February and Litra Buss AS in Lillehammer and Hamar og Omland Bilruter AS (HOB) in Hamar in October.