Transport UK Group
Transport UK Group (TUK) is a British transport operator which operates services in England, which commenced operations in February 2023 when it purchased the British assets of Abellio via management buyout.
| Industry | Transport |
|---|---|
| Predecessor | Abellio |
| Founded | February 2023 |
| Founder | Dominic Booth |
| Headquarters | , United Kingdom |
Area served | England |
| Subsidiaries | |
| Website | www |
History
In August 2022, Abellio agreed terms to sell its United Kingdom subsidiaries in management buyout led by managing director Dominic Booth, subject to approval by the Office of Rail and Road and partner organisations Merseytravel and Transport for London.[1][2][3] The deal was completed when final approvals were received in February 2023.[4][5]
Subsidiaries
Transport UK Group operates the following subsidiaries:[6]
- Abellio London, operates bus services under contract to Transport for London
- East Midlands Railway, operates the East Midlands franchise under contract to the Department for Transport
- Greater Anglia (60% shareholding alongside Mitsui & Co.), operates the East Anglia franchise under contract to the Department for Transport
- Merseyrail (50% shareholding alongside Serco) operates the Merseyrail concession under contract to Merseytravel
- West Midlands Trains, (70% shareholding alongside JR East and Mitsui & Co.), operates the West Midlands franchise under contract to the Department for Transport and Transport for West Midlands
References
- Abellio UK set to become Transport UK Group via MBO Route One 23 August 2022
- Abellio to be bought out Bus & Coach Buyer 23 August 2022
- Management buyout returns Abellio operations to UK ownership Modern Railways 23 August 2022
- "Abellio UK to be renamed Transport UK Group as management buyout deal completes". Abellio.com. Archived from the original on 1 March 2023. Retrieved 2 March 2023.
- Deakin, Tim (28 February 2023). "Transport UK Group MBO of Abellio UK completes". routeone.net. Archived from the original on 1 March 2023. Retrieved 2 March 2023.
- Abellio's rail services to return to UK ownership Rail issue 965 7 September 2022 page 6
External links
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