Headquarters
France
Latest investment
Aug 02 2017
No. of Startups
1
Website
http://transdev.net
INDUSTRIES INVESTED
countries invested
funding size
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Founded
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Latest investment date
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No. of startups
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Offices
France
HQ address
Immeuble Sereinis, Issy-les-moulineaux, 92130, FRA
description
Transdev, formerly Veolia Transdev, is a French-based international private public transport operator with operations in 19 countries.HistoryThe group was formed by the merger of Veolia Transport and Transdev on 3 April 2011. 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.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. 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.

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