Transdev

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This article is about the company currently trading as Transdev. For the company that operated as Transdev from 1955 to 2011, see Transdev (historic).
Type Société anonyme
Industry Public transport
Founded 3 March 2011
Headquarters 36-38, avenue Kléber
Paris
, France
Key people Jean-Marc Janaillac (Chairman and CEO)
Products bus, tram, metro
Owner(s) Veolia Environnement (50%)
Caisse des Dépôts et Consignations (50%)
Employees 95,000 (2013)[1]
Website www.transdev.com/en

Transdev, formerly Veolia Transdev, is a French-based international private public transport operator[2] with operations in 21 countries.[1]

History[edit]

The group was formed by the merger of Veolia Transport and Transdev on April 3, 2011.[3] Veolia Environnement and Caisse des Dépôts et Consignations had 50% shareholdings. It was initially planned for the company to be sold by an initial public offering, potentially accompanied by a rebranding, within 12 months of the merger.[2]

On December 6, 2011 Veolia Environment, seeking to reduce debt and focus on its core businesses of water, waste and energy, announced a €5bn divestment program over 2012/13 that would include a sale of its share in Veolia Transdev within two years.[4] At the time of the announcement, Veolia Transdev declared its intention to concentrate on four main markets (France, the Netherlands, Germany, USA), to develop UK, Asia and Australia and to divest from other countries and other activities amounting to about 9-10% of global revenue in 2012/13.

After this announcement, the Caisse des Dépôts et Consignations, for its part, officially reiterated its commitment to Veolia Transdev and its continued support as a shareholder to the group's development.[5]

In early 2012 it was reported that Cube Infrastructure, a fund controlled by the French bank Natixis (Groupe BPCE), was likely to acquire about half of Veolia's stake in Transdev. The Caisse des Dépôts would take over the other half.[6]

In 2013 CEO Jérôme Gallot confirmed Veolia Transdev would consolidate its operations down to 17 countries.[7] Veolia Transdev has since been renamed to simply Transdev, but it is important to note that this is a different entity to the Transdev that Veolia Transport merged with in 2011, due to the partial ownership by Veolia Environnement and increased number of subsidiary operating companies as a result of that merger.

Operations[edit]

Australia & New Zealand[edit]

Main article: Transdev Australasia

Transdev Australasia operates:

Canada[edit]

Transdev operates Limocar, a coach operator, in Quebec, Canada.

East Asia[edit]

Veolia Transport-RATP Asia (VTRA), also known as Veolia Transport China Limited (VTCL), is a joint venture between Transdev and RATP Group. VTRA operates:[8]

VTRA also owned Reolian who operated buses in Macau until the company filed for bankruptcy in October 2013.

France[edit]

Transdev's subsidiary Société Varoise de Transports (SVT) operates two lines of the Bouches du Rhône district network since 1 January 2014, serving a population of more than one million inhabitants.[14]

Thello (see Transdev Italy) operates trains between Italy and France.

Ireland[edit]

Transdev operates Dublin's Luas light rail system.[15]

Italy[edit]

Main article: Thello

Thello is a joint venture between Transdev and Italian state owned railway company Trenitalia. It operates train services between France and Italy.

Israel[edit]

Transdev inherited from Veolia Transport the Jerusalem Light Rail project that Veolia Environment had been trying to sell since at least 2009.[16]

As of December 2011, the agreed sale of the Jerusalem Light Rail to Egged was reported to have been held up by the Israeli state. Egged will however need Veolia's expertise for at least five years to run the light rail successfully.

Netherlands[edit]

Connexxion is owned by Transdev-BNG-Connexxion Holding BV (TBCH), a consortium between Transdev (75% as of 2012), BNG Bank (25% as of 2012) and Connexxion Holding N.V..[17][18] The consortium used to own 66.7% of shares until they bought the remaining 33.3% of shares from the Dutch state in February 2013.[19]

Another Transdev subisdary, Veolia Transport Nederland, operates bus, train and ferry services. There are plans to operate the 2 subsidiaries under the "Transdev" name, but no plans to merge the two together.[20]

United Kingdom[edit]

In UK, Transdev operates Transdev Blazefield, greentomatocars, Trident Niven and Nottingham City Transport (NCT).[21]

Transdev Blazefield is a bus group with operations in Yorkshire and Lancashire. It has six operating subsidiaries:[22]

greentomatocars is an environmentally friendly passenger car service in London. It was established in 2006.[23][21]

Trident Niven is a London-based private hire company. They have a fleet of 100 cars.[24]

Transdev owns a 5% share in Nottingham City Transport, the largest municipal bus operator in England.[25]

Transdev also owned and operated London Sovereign, one of 20 bus operators serving London, until it was sold to RATP Group in April 2014.[26]

References[edit]

  1. ^ a b "Key figures". Transdev. 2013. Retrieved 2013-09-20. 
  2. ^ a b (French) "Veolia-Transdev nouveau leader du transport". marches.lefigaro.fr/. 2010-05-05. Retrieved 2011-04-06. 
  3. ^ (French) "Communiquée de presse - Naissance du 1er acteur privé mondial de la mobilité durable". veoliatransdev.com. 2011-03-01. Retrieved 2011-04-06. 
  4. ^ "Investor Day 2011". 2011-12-06. Retrieved 2011-12-27. 
  5. ^ "La Caisse des Dépôts confirme son engagement auprès de Veolia Transdev" (Press release). Caisse des Dépôts. 2011-12-06. Retrieved 2011-12-28. 
  6. ^ "Le fonds Cube est favori pour acheter la participation de Veolia dans Transdev". La Tribune (in French). 2012-02-29. Retrieved 2012-02-29. 
  7. ^ "Veolia Transdev rebranded and repositioned" Bus & Coach Australasia July 3, 2013
  8. ^ "VTRA About Us". Retrieved 25 May 2014. 
  9. ^ "Veolia Transport pursues expansion in Asia with signature of first contract in China". Retrieved 25 May 2014. 
  10. ^ "Hong Kong Tramways Corporate Background". Retrieved 25 May 2014. 
  11. ^ "Seoul Metro Line 9". Retrieved 25 May 2014. 
  12. ^ "Seoul renews contract with Transdev and RATP Dev for operation of subway line 9". Retrieved 25 May 2014. 
  13. ^ "Shenyang Tramway Network operated by RATP Dev and Transdev enters service". Retrieved 25 May 2014. 
  14. ^ "Transdev wins two operating contracts for district lines in the Bouches du Rhône region in France". Retrieved 26 May 2014. 
  15. ^ http://www.irishtimes.com/business/sectors/transport-and-tourism/luas-passenger-numbers-jump-to-record-30-5-million-1.1648296
  16. ^ Avi Bar-Eli (2010-11-25). "Dan suing as Veolia rides with Egged". The Marker. Retrieved 2011-12-27. 
  17. ^ (Dutch)"Overheid verkoopt resterend belang in Connexxion". Retrieved 26 May 2014. 
  18. ^ "BNG 2013 Interim Report Page 24". Retrieved 26 May 2014. 
  19. ^ "Mergers and Acquisitions February 2013". Retrieved 26 May 2014. 
  20. ^ (Dutch)"Bart Schmeink: Connexxion en Veolia gaan onder Transdev inschrijven". Retrieved 26 May 2014. 
  21. ^ a b "Transdev UK Our Companies". Retrieved 25 May 2014. 
  22. ^ Transdev Blazefield Our Companies Transdev
  23. ^ "Transdev UK Homepage". Retrieved 2011-12-29. 
  24. ^ "Transdev UK Trident Niven". Retrieved 25 May 2014. 
  25. ^ "Final Statement of Accounts 2012/13 (Nottingham City Council)". Retrieved 2 October 2013. 
  26. ^ "Transdev sells London Sovereign to RATP Dev". Retrieved 25 May 2014. 

External links[edit]