Transdev

Transdev, formerly Veolia Transdev, is a French-based international private-sector company which operates public transport.[3] It has operations in 17 countries and territories as of November 2020.[2]

This article is about the company currently trading as Transdev. For the company that operated as Transdev from 1955 to 2011, see Transdev (historic).
"Veolia Transdev" redirects here. For the company that operated as Veolia Transport until 2011, see Veolia Transport.
Transdev
IndustryPublic transport
Predecessor
Founded3 March 2011 (2011-03-03) (as Veolia Transdev)
Headquarters
3 allée de Grenelle, 92130 Issy-les-Moulineaux
,
France
Key people
Thierry Mallet (Chairman and CEO)
Services
Revenue€7.4 billion (2020)[1]
114,600,000 euro (2019) 
−96,400,000 euro (2019) 
Total assets5,877,000,000 euro (2019) 
OwnerCaisse des Dépôts et Consignations (66%)
Rethmann Group (34%)
Number of employees
85,000 (2020)[2]
Divisions
Websitetransdev.com/en

History
Transdev Rosso Tottington line. Wright StreetLite.

The group was formed by the merger of Veolia Transport and Transdev on 3 April 2011.[4] Veolia Environnement and Caisse des Dépôts et Consignations (CDC) 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.[3]

On 6 December 2011, Veolia Environment, seeking to reduce debt and focus on its core businesses of water, waste and energy, announced a €5 bn divestment program over 2012/13 that would include a sale of its share in Veolia Transdev within two years.[5] At the time of the announcement, Veolia Transdev declared its intention to concentrate on four main markets (France, the Netherlands, Germany, United States), 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.[6]

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.[7] This was later changed in October 2012 to Caisse des Dépôts acquiring 10% of the shares from Veolia.[8] This however was not implemented. Following the sale of Transdev subsidiary SNCM in late 2015, CDC and Veolia continued talks about selling Veolia's stake in the joint venture.[9] In December 2016, CDC finally bought 20% shares from Veolia.[10] As a result, Veolia's share became 30% while CDC's share became 70%.

In October 2018, Veolia announced its intention to sell its remaining 30% shareholding to the Rethmann Group.[11] The transaction was completed in January 2019, with Rethmann increasing its shareholding to 34% by adding its Rhenus Veniro subsidiary to the Transdev portfolio.[12]

Operational History

At the time of merger, Transdev operated in the following 27 countries.[13] In 2014, the operations at the time were organised into seven geographical areas (struckthrough countries' operations have already ceased):[14]

  • France
  • Benelux (Netherlands, Belgium)
  • North America (USA, Canada)
  • Germany and Central Europe (Croatia, Poland, Czech Republic, Serbia, Slovakia, Slovenia)
  • The UK and Northern Europe (Finland, Ireland, Sweden)
  • Asia and the Pacific (Australia, China, South Korea, India, New Zealand)
  • Southern Europe and the rest of the world (Chile, Colombia, Israel, Morocco, Portugal, Spain)

In 2013 CEO Jérôme Gallot confirmed Veolia Transdev would consolidate its operations down to 17 countries.[15] As of November 2020, Transdev operates in 17 countries spanning across five continents.[2] The list only counts sovereign countries and therefore excludes New Caledonia (France). Jersey, a British Crown dependency and Hong Kong (China), were previously also not counted for the same reason. Veolia Transdev (and Transdev) operated MyBus operations until 2012 and Hong Kong Tramways until 2020 respectively.

Additionally, Transdev is a shareholder of Transamo, a transport engineering and consultancy firm in Europe that was inherited from the old Transdev.[16][17][18][19] It specialises in the project management of public transport projects in France. Société de Transports intercommunaux de Bruxelles (STIB) is the other major shareholder of Transamo.[20]

Europe

Czech Republic

In December 2018, Transdev commenced operating a 10-year contract in the Moravian-Silesian Region serving Bruntál, Krnov, Nový Jičín and Rýmařov.[21][22] Transdev had previously operated buses in the Czech Republic until they were sold to Arriva in May 2013 (see Central Europe section below). In August 2019, Transdev acquired the 3CSAD Group that also operated in the Moravian-Silesian Region with 410 buses to become the fourth largest bus operator in the Czech Republic.[23]

France

Transdev's subsidiary Société Varoise de Transports (SVT) has operated two lines of the Bouches du Rhône district network since 1 January 2014, serving a population of more than one million inhabitants.[24]

Transdev also operates many Hérault Transport bus lines in the south of France, and the Montpellier tramway system.

Transdev owned 66% of SNCM, a French ferry company operating in the Mediterranean. However, as of 2014, Transdev was planning to sell its shares.[25] SNCM was finally sold to a Corsican firm Rocca Group in late 2015 and was renamed Maritima Ferries in January 2016.[9]

Thello (see Italy section) operates trains between Italy and France; Transdev relinquished its 33% holding in 2016.[26]

Prior to April 2019, Transdev owned Eurolines who operated coach services around Europe.[27] In July 2015, Eurolines commenced operating 17 coach routes under the Isilines brand to coincide with the deregulation of the French coach market.[28] Eurolines and Isilines were sold to Flixbus in April 2019.[29] Transdev retains Isilines' B2B bus rental activities in France, which will be operated under the Transdev brand.

The shared-van service Supershuttle operated in the country, but it was sold to an affiliate of Blackstreet Capital Management in September 2019, after which it ceased service at the end of 2019 citing that Uber and market changes led to its demise.[30]

Ireland
Luas tram in Dublin

Transdev operates Dublin's Luas tram system since 2004. Transdev Ireland was renamed from Veolia Transport Ireland in May 2013.[31] In June 2019, Transdev was awarded a new contract to operate and maintain the system for another 6 years, effective 1 December 2019, with an option for a 5-year extension.[32]

Germany
Main article: Transdev Germany

Transdev Germany operates buses and trains in Germany. It was renamed from Veolia Verkehr GmbH in March 2015.[33]

Rhenus Veniro was Transdev's newest addition its German portfolio as a result of Rhenus's parent company, Rethmann, increasing its shareholding of Transdev to 34%.[12]

The shared-van service Supershuttle operated in Berlin, but it was sold to an affiliate of Blackstreet Capital Management in September 2019, after which it ceased service at the end of 2019 citingthat Uber and market changes led to its demise.[30]

Portugal

Transdev Portugal operates bus and coach services all around Portugal, and formerly light rail.[34] It was first established in 1997 to tender for the Metro do Porto light rail through the consortium Normetro. The light rail opened in 2002 and was operated by Transdev Portugal until 2010.[34][35] Transdev Portugal also acquired the CAIMA Group in 2002 and the Joalto Group in 2010.[34] It was rewarded the AveiroBus network with 24 buses, 1 ferry boat and 2 boats, effective from 1 January 2017.[36]

The shared-van service Supershuttle operated in the country, but it was sold to an affiliate of Blackstreet Capital Management in September 2019, after which it ceased service at the end of 2019 citing that Uber and market changes led to its demise.[30]

Netherlands
Main article: Connexxion

Transdev Netherlands is made up of two operations, Connexxion and Witte Kruis. There used to be an additional operation called Veolia Transport Nederland, until the branding was discontinued and replaced by Connexxion in December 2016.[37] Transdev Netherlands was set up in December 2015 to group the three operations together under one brand, after bringing Connexxion and Veolia Transport Nederland under one management earlier in May that year.[38] Each operation continued to exist separately with its branding unchanged until the rebranding of Veolia Transport Nederland.[39] This arrangement was planned ever since the global rebranding of Veolia Transdev in 2013.[40]

In October 2007 Transdev acquired a 50% shareholding in Connexxion.[41][42][43] In February 2013 Transdev's shareholding increased to 86%.[44][45]

Veolia Transport Nederland operated bus, train and ferry services around Netherlands since 1997. In December 2016, the last remaining concession of Veolia Transport Nederland was rebranded to Connexxion.[37] Witte Kruis (Dutch for White Cross) is Transdev's mobile care organization in Netherlands.

The shared-van service Supershuttle operated in the country, but it was sold to an affiliate of Blackstreet Capital Management in September 2019, after which it ceased service at the end of 2019 citing that Uber and market changes led to its demise.[30]

Spain

Transdev is one of the few companies that make up TramMet, a joint venture company that operates two tram lines in Barcelona: Trambaix and Trambesòs.[46] Transdev has 66% stake in the operating companies of the tram networks, and 5.53% of the concession companies.[47][48]

Transdev, together with Saycr and Ineco, also formerly formed the Tenemetro, S.L., which had a 14% stake (out of which, Transdev 8.5%)[49] of Metropolitano de Tenerife (MTSA), the operator of Tenerife Tram since 2003.[50] Cabildo Insular de Tenerife (the Tenerife Island Government) also owned 80% stake of the company.[51] This tram operation was passed down from the old Transdev.[52] The 14% was sold back to the Cabildo (Tenerife government) on 4 April 2017, who now owns 100% of MTSA.[53][54]

Transdev also participated in the pre-operation and operation of the Tranvía de Murcia and the Metro Ligero Oeste in Madrid.[35]

The shared-van service Supershuttle operated in the country, but it was sold to an affiliate of Blackstreet Capital Management in September 2019, after which it ceased service at the end of 2019 citing that Uber and market changes led to its demise.[30]

Sweden

Transdev, known as Transdev Sverige AB, operates a number of subsidiaries in Sweden. The company was rebranded from Veolia Transport Sverige AB on 2 February 2015.[55] Its subsidiaries are:[56]

  • Bussakuten
  • Flygbussarna Airport Coaches, which operates coach services between Sweden's largest airports and the surrounding towns and cities, or charter services around Sweden. They also operate a few coaches to various ferry terminals.
  • Norrköping: Transdev operates the Norrköping tramway on behalf of Östgötatrafiken.
  • People Travel Group
  • Snälltåget, an operator which runs long distance trains from Malmö to Stockholm and Uppsala,[57] in the winter season going further on to Åre, and the long distance train from Malmö to Berlin with train ferry via Trelleborg to Sassnitz in the summer season.[58]
  • Styrsöbolaget, a ferry company in Gothenburg, which operates the cross-river ferries (Älvsnabben) as well as the ferries to the south archipelago.
  • Transdev also operates some local city bus networks or interurban lines on contract to the local authorities (Västtrafik).
  • Transdev operates local bus services in north Stockholm on behalf of SL from 2019.

Transdev also won the tender to operate bus services in Umeå from 13 June 2016.[59]

In January 2018, Transdev completed its acquisition of Blidösundsbolaget, a ferry operator in the Stockholm archipelago.[60] It currently operates on one of the four ferry contracts in the Stockholm archipelago. In December 2018, Blidösundsbolaget was awarded a second and the largest of the Stockholm archipelago contracts, for a period of nine years starting December 2019.[61] Additionally, in April 2018, Blidösundsbolaget has been commissioned to operate the shuttle service on Ekerölinjen no. 89 for seven years starting in August 2018.[62]

In July 2019, Transdev Sweden won a 10-year bus market worth €757 million, comprising five contracts, in the Västra Götaland region in Gothenburg. The contracts will commence in December 2020.[63] Later that month (July 2019), Transdev announced the acquisition of A Björks AB, a major bus operator in Central and Northern Sweden.[23] The acquisition was completed in September 2019 and Transdev became Sweden's third largest public transportation operator.

Ceased contracts:

United Kingdom
Transdev in Burnley and Pendle Wright Eclipse Gemini 2 bodied Volvo B9TL in Manchester in November 2013

In the United Kingdom, Transdev operates Transdev Blazefield, Green Tomato Cars, Trident Niven, Black Car Service and holds an 18% shareholding in Nottingham City Transport.[64][65]

Transdev Blazefield is a bus group with operations in Yorkshire and Lancashire. It has six operating subsidiaries:[66]

Transdev owns three car services in London. Green Tomato Cars is an environmentally friendly passenger car service in London and was established in 2006.[64][67] Trident Niven, acquired in December 2012, is a London-based private hire company and has a fleet of 100 cars.[68] Black Car Service, established in May 2014, is a new corporate chauffeured car service in London, with a fleet of 150 black unbranded Volkswagen CCs (as of May 2014).[69]

Former UK operations

Arrow Light Rail, a consortium between old Transdev, Nottingham City Transport, Bombardier Transportation, Carillion, Galaxy and Innisfree, was contracted to build and operate the Nottingham Express Transit for 30.5 years from 9 March 2004.[70] However, the contract was ripped up in 2011 when Tramlink Nottingham (a Keolis consortium) was selected as the preferred bidder for the construction of Phase 2 of the light rail and operation of the network.[71] The last day of operations of Arrow Light Rail was 16 December 2011, few months after the establishment of Veolia Transdev.

The old Transdev used to own London Sovereign and London United, two of the 20 bus operators serving London, up to the merger with Veolia Transport in March 2011. Veolia Transdev took over London Sovereign from the old Transdev until it was sold to RATP Group in April 2014.[72][73] Veolia Transdev never took over London United, instead it passed to RATP.

The shared-van service Supershuttle operated in the country, but it was sold to an affiliate of Blackstreet Capital Management in September 2019, after which it ceased service at the end of 2019 citing that Uber and market changes led to its demise.[30]

Belgium

In Belgium, Veolia Transdev's operations were known as Veolia Transport Belgium (VTB). VTB was sold to a consortium consisting of Cube Infrastructure and Gimv in March 2014.[74]

Central Europe
Main article: Veolia Transport § Central Europe

In Central Europe, Veolia Transdev's operations were known as Veolia Transport Central Europe GmbH (VTCE) and included operations in Czech Republic, Slovakia, Poland and Serbia. They were sold to Arriva in May 2013.[75][76]

Italy
Main article: Thello

Thello was a joint venture between Transdev and Italian state owned railway company Trenitalia, operating train services between France and Italy since 2011.[77] Transdev sold its 33% holding to Trenitalia in 2016, giving the latter full control.[26]

Jersey
Transdev Linkker 13 LE at Rautatientori in 2017.
Main article: MyBus

Between September 2002 and December 2012, Veolia Transdev (and previously Veolia Transport) operated Connex Transport Jersey, with the route network branded as MyBus for some of this period.[78][79][80]

Switzerland

The shared-van service Supershuttle operated in the country, but it was sold to an affiliate of Blackstreet Capital Management in September 2019, after which it ceased service at the end of 2019 citing that Uber and market changes led to its demise.[30]

Finland

Transdev operated in Finland as Transdev Finland Oy. It was rebranded from Veolia Transport Finland Oy on 5 February 2015.[81] The operations of Transdev Finland ended at the end of 2019.[81]

North America

Transdev North America, formerly Veolia Transportation until August/September 2014, is the North American business unit of Transdev. It operates a number of public transport services across the United States and Canada.

Transdev North America's operations can be split into four divisions: Transit (buses and paratransit), Rail (trains and light rail), On-Demand (airport shuttles, taxis, private sedans and charter bus services) and IntelliRide (healthcare-related transportation).[82]

Other North American operations inherited from the old Transdev (Limocar) were never part of Veolia Transportation and therefore are not part of Transdev North America.

Canada

Transdev Canada is the Transdev subsidiary in Canada and it has the following operations:[83]

Transdev Canada announced its acquisition of Voyago on 8 April 2019.[89] Voyago is a Canadian-owned group of transportation companies with a fleet of 970 vehicles, operating services including patient transfer services and student transport services.

United States

Transdev North America US' operations include:[90]

Former operations

Oceania

Australia and New Zealand
Main article: Transdev Australasia

Transdev Australasia operates:

New Caledonia

Transdev owns Transdev Outre-Mer, who runs the Carsud bus operation in Nouméa, as a partnership with Carsud and Semitan.[103][104] The partnership agreement was signed in April 2014. Transdev's predecessor Connex, operated the bus operation since February 2002.[105]

Asia

China, Hong Kong, South Korea, India and Philippines
Main article: RATP Dev Transdev Asia
Hong Kong Tramways

RATP Dev Transdev Asia (RDTA) is a joint venture between Transdev and RATP Group created in 2009 between Veolia Transport and RATP Dev. It was originally named Veolia Transport RATP Asia (VTRA) until the Transdev global rebranding in 2013.[106] RATP Dev took over full ownership of RDTA in October 2020.[107][108]

As at the takover by RATP Dev in October 2020, RDTA operated:[109]

Prior to that, RDTA (and predecessor VTRA) also formerly operated:

South America

Colombia

Transdev, in conjunction with three other operators, runs an 84 km (52 mi) right-of-way bus line of TransMilenio system in Bogotá unner the name Connexion Móvil. The contract started in 2000, and was recently extended until December 2023.[17][117]

In May 2018, Cable Movil, a consortium consisting of Transdev Chile and Fanalca, won the contract to operate the new TransMiCable cable car operation in Bogotá, starting from December 2018 for a period of 5.5 years with a possible 2.5 year extension.[118]

Chile

Transdev operates Redbus Urbano in Santiago, Chile. It is Transdev's largest bus urban networks with revenues of more than 70 million euros in 2012.[119]

Middle East and Africa

Morocco

Transdev operates the Rabat-Salé tramway, at the time the first modern light rail service in Morocco, since May 2011.[120] Until Veolia Transdev's rebranding to Transdev in 2013, the tramway was operated under the old Transdev's name and logo.[121] Transdev's contract to operate the tramway was renewed for another 10 years starting January 2020.[122]

Israel

Transdev inherited from Veolia Transport the Jerusalem Light Rail project that Veolia Environment had been trying to sell since at least 2009.[123]

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. The sale was finally approved in August 2015.[124]

Transdev also operated buses in Israel as Veolia Transport Israel (more commonly Connex Israel):

The buses in Modi'in were sold to Kavim in July 2013,[125] while the rest were sold to Afikim in September 2013.[126]

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