Transdev S.A.

Transdev was an international public transport group based in Issy-les-Moulineaux near Paris, France, and operating in several countries. Originally created as Société centrale pour l'équipement du territoire in 1955 and developing transportation activities since 1973, Transdev was a subsidiary Caisse des Dépôts et Consignations, a French state-owned financial institution.[1] On 3 March 2011, the group merged with Veolia Transport, one of its main competitors, into Veolia Transdev.[2] During 2013, Veolia Transdev was renamed Transdev, recognising the planned withdrawal of Veolia Environnement from ownership of the group.

Transdev S.A.
IndustryTransport
Founded1955
Defunct3 March 2011
Fatemerged
SuccessorVeolia Transdev
Headquarters,
France
ProductsPublic transport
Revenue€2.5 billion (2010)
OwnerCaisse des Dépôts et Consignations
RATP
Sanpaolo IMI
Number of employees
47,000 (2010)
Websitewww.transdev.eu

As part of this merger, the RATP Group, a minority shareholder in Transdev, took direct ownership of a number of former Transdev operations in lieu of a cash payment.[3][4][5]

Transdev was also a shareholder of Transamo, a transport engineering and consultancy firm in Europe, which specialises in the project management of public transport projects in France.[6] It was passed onto Veolia Transdev after the merger. Société de Transports intercommunaux de Bruxelles (STIB) is the other major shareholder of Transamo.[7]

Key figures

As of the time of the merger with Veolia Transport, the group had 47,000 employees and had an annual revenue of €2.5 billion.[8] It had operations in France (representing 39% of its revenue, 18,200 employees), the Netherlands (33% of its revenue, 14,700 employees), the United Kingdom (11%), Italy (6%), Portugal (5%) and also in Germany, Australia, Canada, Spain and Morocco.[8] Its fleet included, by its own account, 15,642 buses and water taxis, 542 subway carriages, trams and trains and 4,581 demand responsive service vehicles.[8]

History

Transdev, a subsidiary of Caisse des dépôts et consignations since its creation in 1990, operates primarily in urban and interurban transport, but has recently diversified into specialist markets such as tourism, airport ground transportation and transportation in ski resorts. Due to the nature of franchising in France, the actual number of companies and joint ventures in the group is constantly changing.

Australia

In Australia, Transdev held a 50% shareholding in TransdevTSL, a joint venture with Transfield Services.

From August 1999 until November 2009, TransdevTSL operated the Yarra Trams franchise in Melbourne.[9] In August 2001, Transdev purchased Sydney bus operator Shorelink.[10] In November 2003, TransdevTSL commenced operating a seven-year contract to operate Brisbane ferry services CityCat and CityFerry.

The joint venture was dissolved in December 2010, with Transfield selling its shares to Transdev, and the operations in Sydney and Brisbane are fully operated by Transdev.

Morocco

In 2010, Transdev was awarded a contract to operate the Rabat-Salé tramway in Morocco for six years, but the tramway did not open until after the Veolia-Transdev merger in May 2011. Despite so, the tramway operated with Transdev's old logo until the rebranding of Veolia Transdev in 2013.[11]

Netherlands

In October 2007, Transdev entered a 75/25 joint venture with Bank Nederlandse Gemeenten to purchase a 67% share in Connexxion. This resulted in Transdev owning 50% of the business.[12][13][14]

Portugal

In 2002 Transdev started operating the Porto Metro system.

United Kingdom

Transdev became the first continental European company to acquire an urban bus network in the UK with the purchase of London United in August 1997, giving the company a 9% share of the London bus market. In November 2002, a further London business, London Sovereign, was purchased.[15][16]

In March 2004 as part of the Arrow Light Rail consortium it commenced operating the Nottingham Express Transit tram network with Nottingham City Transport, a company which it subsequently purchased an 18% stake.[17]

In December 2005, Transdev purchased a 90% shareholding in Yellow Buses, Bournemouth.[18]

In January 2006, Transdev purchased the Blazefield Group with 305 buses.[19][20]

Aftermath of merger with Veolia Transport

Transdev merged with Veolia Transport to form Veolia Transport in March 2011. However, RATP owned 25.6% stake of Transdev. As part of its withdrawal from Transdev's capital, its stake would be exchanged for some of Transdev's operations, for a total value equal to that of its holdings.[21] Some of the operations transferred were:

London Sovereign, which was passed on to Veolia Transdev, would also be sold to RATP Group in April 2014.[22]

As of January 2016, most of Transdev's operations (including Moroccan) have remained in the new Transdev company, with different names and most bearing the new Transdev logo. However, the Arrow Light Rail contract to operate Nottingham Express Transit was cancelled in 2011 when Tramlink Nottingham was selected as the preferred bidder for the construction of Phase 2 of the light rail, with its final day of operation on 16 December 2011.[23]

Operations prior to merger

Upon its merger with Veolia Transport, Transdev operated the following services:

Australia

Canada

France

A Semitan tram in Nantes

Germany

In Germany Transdev SZ operated seven regional bus companies in the German federal states of Rhineland-Palatinate, Hesse and North Rhine-Westphalia with 350 Employees and 360 buses.[24] The headquarters was in Siegen. (North Rhine-Westphalia)

Italy

Netherlands

Transdev owned a 50% share in Connexxion.

Portugal

  • Transdev operated in some Northern regions and is headquartered in Coimbra, where it also operated.

Spain

  • Metropolitano de Tenerife (MTSA), operator of Tenerife Tram (Transdev (8.5%) together with Saycr and Ineco to form 14% stake)[25]

United Kingdom

References

  1. "Revivre l'histoire du Groupe". transdev.eu. Archived from the original on 19 April 2012. Retrieved 21 April 2011.
  2. "Naissance de Veolia Transdev". veoliatransdev.com. Archived from the original on 16 May 2011. Retrieved 21 April 2011.
  3. "Merger of Veolia Transport and Transdev". Veolia Transport. Archived from the original on 27 July 2009. Retrieved 5 May 2010.
  4. "Completion of the merger of Veolia Transport and Transdev". Transdev. Archived from the original on 7 March 2011. Retrieved 13 April 2011.
  5. "The new scale of the RATP Group". RATP. 2011. Archived from the original on 21 July 2011. Retrieved 4 March 2011.
  6. "Transdev Annual Report 2008" (PDF). Archived from the original (PDF) on 16 October 2009. Retrieved 28 January 2018.
  7. "Who are we?". Transamo. Archived from the original on 1 December 2020. Retrieved 21 January 2018.
  8. "Transdev-chiffres clé du Groupe". transdev.eu. Archived from the original on 22 July 2012. Retrieved 21 April 2011.
  9. Transfield Services/Transdev Partnership with the State Government of Victoria to Operate Entire Melbourne Tram Network Archived 10 October 2022 at Ghost Archive Transdev TSL 19 February 2004
  10. About Veolia Transdev Archived 9 April 2013 at the Wayback Machine Transdev Shorelink
  11. Transdev Morocco (July 2011), Retrieved 9 September 2016
  12. French company buys Connexxion Expatica 2 July 2007
  13. Transdev buys majority stake in Dutch bus firm Archived 23 January 2018 at the Wayback Machine Reuters 2 July 2007
  14. Transdev Acquisition Creates Fourth Largest Public Transport Corporation Group in Europe Archived 23 January 2018 at the Wayback Machine CNW Group 5 July 2007
  15. About Us Transdev London Sovereign
  16. Transdev turnover grows by over 64% Archived 14 July 2014 at the Wayback Machine TransportXtra issue 317 10 August 2007
  17. Final Statement of Accounts 2012/13 Archived 28 February 2014 at the Wayback Machine Nottingham City Council 2 October 2013
  18. Transdev wins race for Yellow Buses Archived 8 October 2013 at archive.today Bus & Coach Professional 22 July 2005
  19. Transdev acquires Blazefield Group Archived 29 October 2013 at the Wayback Machine Bus & Coach Professional 7 January 2006
  20. A new stop for Blazefield Archived 30 May 2015 at the Wayback Machine Yorkshire Post 9 January 2006
  21. The new scale of the RATP Group Archived 21 July 2011 at the Wayback Machine, RATP, Retrieved 9 January 2016
  22. "Transdev sells London Sovereign to RATP Dev". 28 April 2014. Archived from the original on 25 May 2014. Retrieved 25 May 2014.
  23. wikinews:All change for Nottingham, England trams as new operator announced, Wikinews, Retrieved 5 September 2014
  24. Chronicle at homepage of Transdev SZ Germany Archived 28 August 2010 at the Wayback Machine (German only)
  25. Veolia Transdev. "Tenerife-Spain Tranvia" (PDF). Archived (PDF) from the original on 26 January 2016. Retrieved 9 January 2016.
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