Transdev

Industry Public transport
Predecessor Transdev (historic)
Veolia Transport
Founded 3 March 2011 (2011-03-03) (as Veolia Transdev)
Headquarters 32 Boulevard Gallieni, 92130 Issy-les-Moulineaux
Paris
, France
Key people
Thierry Mallet (Chairman and CEO); Marcos Garcia (CFO); Christian Schreyer (Chief Strategy and Performance Officier and Chairman Germany) Clément de Villepin (Group HR director); Richard Dujardin (CEO France)
Products bus, tram, metro
Revenue €6.6 billion (2018)[1]
Owner Caisse des Dépôts et Consignations (70%)
Veolia Environnement (30%)[2]
Number of employees
82,000 (2018)[1]
Website www.transdev.com/en

Transdev, formerly Veolia Transdev, is a French-based international private public transport operator,[3] with operations in 20 countries as of June 2018,[1] including its future Czech bus operations starting from December 2018.

History

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.[2] As a result, Veolia's share became 30% while CDC's share became 70%.

In 2013 CEO Jérôme Gallot confirmed Veolia Transdev would consolidate its operations down to 17 countries.[10] 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.

In 2014, Transdev was organised into seven geographical areas (struckthrough countries were former operations):[11]

  • 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)

Initially after merger, Veolia Transdev operated in the 27 countries listed above.[12]

As of June 2018, Transdev operates in 19 countries (20 from December 2018) organised into 4 regions, spanning across 6 continents.[13] New Caledonia is not counted as one of the countries as it is part of France. Transdev (or Veolia Transdev) also formerly operated in other countries prior to 2014 that are not listed above, for example operations in Jersey (until 2012).

Additionally, Transdev is a shareholder of Transamo, a transport engineering and consultancy firm in Europe that was inherited from the old Transdev.[14][15][16][17] 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.[18]

In October 2018, Veolia announced its intention to sell its shareholding to the Rethmann Group. Subject to regulatory approval, the transaction is scheduled for completion by the end of 2018.[19]

Operations in 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.[20]

Transdev owned 66% of SNCM, a French ferry company operating in the Mediterranean. However, as of 2014, Transdev was planning to sell its shares.[21] 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.[22]

In July 2015, Transdev commenced operating 17 coach routes under the Isilines brand to coincide with the deregulation of the French coach market.[23][24]

Operations in Benelux

Netherlands

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.[25] 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.[26] Each operation continued to exist separately with its branding unchanged until the rebranding of Veolia Transport Nederland.[27] This arrangement was planned ever since the global rebranding of Veolia Transdev in 2013.[28]

In October 2007 Transdev acquired a 50% shareholding in Connexxion.[29][30][31] In February 2013 Transdev's shareholding increased to 86%.[32][33]

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.[25] Witte Kruis (Dutch for White Cross) is Transdev's mobile care organization in Netherlands.

Former operations

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.[34]

Operations in 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).[35]

Other North American operations inherited from the old Transdev 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:[36]

Other Canadian operations

Transdev also operates Limocar, a coach operator in Quebec, Canada. It was inherited from the old Transdev and hence is not part of Transdev North America operations. It is not listed as part of Transdev Canada's Quebec operation in its website.

United States

Transdev North America US' operations include:[42]

Former operations

Operations in Germany & Central Europe

Germany

Transdev Germany operates buses and trains in Germany. It was renamed from Veolia Verkehr GmbH in March 2015.[53]

Czech Republic

In June 2018, Transdev won 4 bus tender contracts in the Moravian-Silesian region around Ostrava, Czech Republic. The contracts provide the operation of inter-urban regional bus services for a period of 10 years, starting in December 2018.[54] This is Transdev's first re-entry into the country's transportation market since the sale of its former Czech operations to Arriva in May 2013 (see Central Europe section below).

Former operations

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.[55][56]

Operations in the UK and Northern Europe

Finland

Transdev operates in Finland as Transdev Finland Oy. It was rebranded from Veolia Transport Finland Oy on 5 February 2015.[57]

Ireland

Luas tram in Dublin

Transdev operates Dublin's Luas tram system. Transdev Ireland was renamed from Veolia Transport Ireland in May 2013.[58]

Jersey

MyBus Caetano Slimbus bodied Dennis Dart, showing the Connex logo, in St Helier, Jersey in December 2012

Veolia Transdev (and previously Veolia Transport) operated Connex Transport Jersey between September 2002 and December 2012 under the MyBus brand.[59][60][61] It was one of the very few Veolia Transdev operations that still operated under the Connex brand.

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.[62] Its subsidiaries are:[63]

  • Bussakuten
  • Flygbussarna Airport Coaches, which operates coach services between Sweden's largest airports and the surrounding towns & cities, or charter services around Sweden. They also operates 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,[64] 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.[65]
  • 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 also won the tender to operate bus services in Umeå from 13 June 2016.[66]

Ceased contracts:

United Kingdom

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.[67][68]

Transdev Blazefield is a bus group with operations in Yorkshire and Lancashire. It has six operating subsidiaries:[69]

Transdev owns three car services in London. Green Tomato Cars is an environmentally friendly passenger car service in London and was established in 2006.[67][70] Trident Niven, acquired in December 2012, is a London-based private hire company and has a fleet of 100 cars.[71] 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).[72]

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.[73] 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.[74] 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.[75][76] Veolia Transdev never took over London United, instead it passed to RATP.

Operations in Asia and the Pacific

Australia & New Zealand

Transdev Australasia operates:

East Asia

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.[77]

RDTA operates:[78]

RDTA (and predecessor VTRA) also formerly operated:

  • Reolian (65% ownership) who operated buses in Macau since August 2011 until July 2014, after the company filed for bankruptcy in October 2013.The company is now replaced by Macau Nova Era de Autocarros Públicos, known as Macau New Era Public Bus in English.
  • Buses in Chinese cities of Nanjing, Ma'anshan, Huaibei and Huainan as a joint venture with Nanjing Zhongbei, but they have been sold off to other companies, leaving RDTA to operate buses in Anqing only.
  • Shenyang Tramways in Shenyang, China between August 2013 and 2016/17 as part of a joint venture.[84][85][86]

New Caledonia

Transdev owns Transdev Outre-Mer, who runs the Carsud bus operation in Nouméa, as a partnership with Carsud and Semitan.[87][88] The partnership agreement was signed in April 2014. Transdev's predecessor Connex, operated the bus operation since February 2002.[89]

Operations in Southern Europe

Portugal

Transdev Portugal operates bus and coach services all around Portugal, and formerly light rail.[90] 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.[90][91] Transdev Portugal also acquired the CAIMA Group in 2002 and the Joalto Group in 2010.[90] It was rewarded the AveiroBus network with 24 buses, 1 ferry boat and 2 boats, effective from 1 January 2017.[92]

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.[93] Transdev has 66% stake in the operating companies of the tram networks, and 5.53% of the concession companies.[94][95]

Transdev, together with Saycr and Ineco, also formerly formed the Tenemetro, S.L., which had a 14% stake (out of which, Transdev 8.5%)[96] of Metropolitano de Tenerife (MTSA), the operator of Tenerife Tram since 2003.[97] Cabildo Insular de Tenerife (the Tenerife Island Government) also owned 80% stake of the company.[98] This tram operation was passed down from the old Transdev.[99] The 14% was sold back to the Cabildo (Tenerife government) on 4 April 2017, who now owns 100% of MTSA.[100][101]

Transdev also participated in the pre-operation and operation of the Tranvía de Murcia and the Metro Ligero Oeste in Madrid.[91]

Italy

Thello was a joint venture between Transdev and Italian state owned railway company Trenitalia, operating train services between France and Italy since 2011. Transdev sold its 33% holding to Trenitalia in 2016, giving the latter full control.[22]

Operations in the rest of the world

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.[15][102]

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 end 2018 for a period of 5.5 years with a possible 2.5 year extension.[103]

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.[104]

Morocco

Transdev operates the Rabat-Salé tramway in Morocco for a contract of six years awarded 2010, with operations started in May 2011. It is Morocco's first light rail service.[105] Until Veolia Transdev's rebranding to Transdev in 2013, the Moroccan tramway was operated under the old Transdev's name and logo.[106]

Former operations

Israel

Transdev inherited from Veolia Transport the Jerusalem Light Rail project that Veolia Environment had been trying to sell since at least 2009.[107]

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.[108]

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,[109] while the rest were sold to Afikim in September 2013.[110]

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