Transdev Group
| Transdev Group SA
|
|
|---|---|
 |
|
| legal form | Société Anonyme |
| founding | 2011 |
| Seat |
Issy-les-Moulineaux , France
|
| management | Thierry Mallet |
| Number of employees | 74,300 (2017) |
| sales | 6.64 billion euros (2017) |
| Branch | traffic |
| Website | www.transdev.com |
The Transdev Group SA (until March 2013 Veolia Transdev ), based in Issy-les-Moulineaux near Paris , claims to be the world's leading private operator of public transport . In Germany, the group operates through Transdev GmbH .
history
The group emerged from the merger of Veolia Transport with Transdev in March 2011 and was initially called Veolia Transdev . Veolia Environnement and the state-owned Caisse des Dépôts (CDC) held half of the company's shares .
An IPO was originally planned within 12 months of the merger. During 2011 it was announced that Veolia wanted to sell its 50% stake. The planned sale failed, however, and in October 2012 CDC announced that it would increase its stake to 60 percent as part of a capital increase, so that Veolia's stake was reduced to 40 percent. In March 2013 the part of the name Veolia was deleted from the company, since then the company is only called Transdev . As part of this transaction, it was originally intended that Veolia would acquire a 66% stake in the ferry company SNCM from Transdev. In view of the chronic losses of SNCM and a possible bankruptcy, Veolia refused to comply with this agreement, which also put Veolia's partial exit on hold in November 2013.
In May 2013, Transdev sold all of its holdings in Eastern Europe to the DB subsidiary Arriva .
At the beginning of October 2018, the Rethmann Group announced that it intended to take over the remaining shares in Veolia Environnement . At the same time, the business of the Rethmann subsidiary Rhenus Veniro is brought into the company. Overall, the Rethmann Group holds 34% of Transdev after the antitrust authorities in Germany, Austria and Australia approved the merger in January 2019. In Germany, created by the merger of the Rhenus Veniro and Veolia Verkehr the second largest provider of public transport and local rail after Deutsche Bahn .
At the beginning of March 2019, the Transdev Group began negotiations with the German Flixmobility GmbH on the sale of Isilines / Eurolines France, the third largest operator of long-distance bus activities in France. At the beginning of May 2019, the Transdev Group and Flixmobility GmbH reached an agreement on the takeover of Transdev Eurolines SA and the Isilines brand, which is particularly popular in France. Transdev Eurolines SA has subsidiaries in several countries - in addition to France, among others in the Netherlands (Eurolines Nederland BV, 100%), Belgium (Eurolines SA Belgium, 100%), the Czech Republic (Transdev Eurolines CZ, as, 100%) and Portugal (Internorte , 50.84% and Intercentro, 48.4%, both companies are fully consolidated). Transdev Eurolines SA still holds shares in Spain (Eurolines Peninsular SA, 50% and Viajes Eurolines SA, 37.5%). The bus association Eurolines is active in 25 countries and transported around 2.5 million people last year.
Companies
The parent company of the group is Transdev Group SA with its registered office in Issy-les-Moulineaux , a public limited company under French law, registered in the register of the Nanterre Commercial Court . Since the approval of the competition authorities involved in January 2019, the company has been owned by the French state-owned Caisse des Dépôts (CDC) with around 66% of the share capital, and the German private Rethmann SE & Co. KG with around 34% of the shares.
The Board of Directors ( conseil d'administration ) has eleven members, six of which are representatives of the CDC, three representatives of the Rethmann Group, and one employee representative and one independent member.
The executive committee ( comité exécutif ) consists of ten members: the CEO, the five heads of the General Secretariat, Finance, Strategy & Transformation, Personnel Management and Group Development departments, as well as the managing directors of the four most important market areas of France, Northern and Central Europe, and North America and international.
In the 2017 financial year, the group employed 74,300 people ( FTE ) and generated sales of 6.64 billion euros, an EBITDA of 417.8 million euros and a net profit of 76.6 million euros. The net debt was 527.5 million euros. The most important markets by sales were France (39%), the USA & Canada (18%), the Netherlands (12%), Germany (9%), Australia & New Zealand (8%) and Sweden (6%); The other markets accounted for 8%.
Operational activities for the Transdev Group are carried out by subsidiaries; The group's scope of consolidation includes around 630 individual companies, including both fully consolidated subsidiaries and investments in companies valued using the equity method .
The group is now active in 20 countries on five continents and operates 14 different types of transport. The number of employees is given as 82,000. According to older information, the group operated 43,000 vehicles and a. 22 tram / light rail operations.
Subsidiaries
At the end of 2017, Transdev included 633 companies in 27 countries, divided into 561 fully consolidated companies, three proportionally consolidated companies and 69 companies accounted for using the equity method, including 17 joint ventures . As an overview, the largest individual companies and their business performance, according to the 2017 annual report, as well as the national operating companies, as far as they can be identified, are listed.
| Surname | proportion of | Seat | market | Net profit |
|---|---|---|---|---|
| Transdev SA | 100.00% | France | France | € 34.35 million |
| Transdev Ile de France SA | 100.00% | France | France | € 36.63 million |
| Transdev Eurolines SA 1 | 100.00% | France | France | - € 8.68 million |
| Transdev North America Inc. | 100.00% | United States | North America | € −22.12 million |
| Transdev Canada Inc. | 100.00% | Canada | North America | € 3.55 million |
| Connexxion Nederland NV | 86.42% | Netherlands | Northern / Central Europe | |
| Transdev GmbH | 100.00% | Germany | Northern / Central Europe | € 6.60 million |
| Transdev Eurolines CZ AS 1 | 100.00% | Czech Republic | Northern / Central Europe | |
| Transdev Plc | 100.00% | United Kingdom | Northern / Central Europe | € −11.50 million |
| Transdev Ireland Ltd. | 100.00% | Ireland | Northern / Central Europe | |
| Transdev Northern Europe AB | 100.00% | Sweden | Northern / Central Europe | € 13.43 million |
| Transdev Sverige AB | 100.00% | Sweden | ||
| Transdev Finland Oy | 100.00% | Finland | ||
| Transdev Australasia Pty Ltd. | 100.00% | Australia | International | € 29.35 million |
| Transdev Australia Pty Ltd. | 100.00% | Australia | ||
| Transdev New Zealand Ltd. | 100.00% | New Zealand | ||
| Transdev Participacões SGPS SA | 100.00% | Portugal | International | € 9.44 million |
| Transdev España SL | 100.00% | Spain | International | |
| Veolia Transport Chile | 100.00% | Chile | International | |
| Connexion Móvil | 33.41% | Colombia | ||
| Ciudad Móvil | 38.50% | Colombia | ||
| Transdev Rabat Salé SA | 99.99% | Morocco | International | |
| RATP Dev Transdev Asia 2 | 50.00% | China (HK) | International | |
| RATP Dev Transdev India | 50.00% | India | ||
| VT RATP China | 50.00% | China (HK) | ||
| VT RATP Korea | 50.00% | South Korea | ||
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1 Sold to Flixmobility GmbH at the beginning of May 2019
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Web links
Individual evidence
- ↑ a b c d Transdev: Financial Report 2017 (PDF), accessed on 2019-01-15
- ^ Transdev: Transdev's financial results. Retrieved January 15, 2019 .
- ↑ a b marches.lefigaro.fr : Veolia-Transdev nouveau leader du transport. (No longer available online.) Archived from the original on April 11, 2011 ; Retrieved April 4, 2011 . Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ veoliatransdev.com/fr/ : Veolia Transdev - Communiqué de presse - Naissance du 1er acteur privé mondial de la mobilité durable. (No longer available online.) Archived from the original on May 16, 2011 ; Retrieved April 21, 2011 . Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ Lâchée par Veolia, the SNCM face au risque de dépôt de bilan. Les Echos, November 8, 2013, accessed November 8, 2013 (French).
- ↑ DB buys Veolia Transdev's Eastern European business.
- ↑ Rethmann group wants to participate in Transdev. Retrieved October 30, 2018 .
- ^ Veolia out of transport as Rethmann acquires Transdev stake. Retrieved January 15, 2019 .
- ↑ Les Echos: Transdev va vendre les cars Isilines et Eurolines à Flixbus , March 4, 2019 (French)
- ↑ Bastian Benrath, Henning Peitsmeier and Thiemo Heeg: The green giant is getting bigger and bigger. In: faz.net. May 2, 2019, accessed May 4, 2019 .
- ↑ a b Transdev's governance. Retrieved January 15, 2019 .
- ↑ Transdev: Transdev worldwide. Retrieved January 15, 2019 .
