Transdev (historic)
 |
|
| Industry | Transport |
|---|---|
| Fate | merged |
| Successor | Veolia Transdev |
| Founded | 1955 |
| Defunct | March 3, 2011 |
| Headquarters | Issy-les-Moulineaux, France |
| Products | Public transport |
| Revenue | €2.5 billion (2010) |
| Owner |
Caisse des Dépôts et Consignations RATP Sanpaolo IMI |
|
Number of employees
|
47,000 (2010) |
| Website | www.transdev.eu |
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 stated-owned financial institution. On March 3, 2011, the group merged with Veolia Transport, one of its main competitors, into Veolia Transdev. During 2013, Veolia Transdev was renamed Transdev, recognising the planned withdrawal of Veolia Environnement from ownership of the group.
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.
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. 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. 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.
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.
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Wikipedia