Industry | Public transport |
---|---|
Predecessor | |
Founded | 3 March 2011 | (as Veolia Transdev)
Headquarters | 3 allée de Grenelle, 92130 Issy-les-Moulineaux , France |
Key people | Thierry Mallet (Chairman and CEO) |
Services | |
Revenue | €7.707 billion (2022)[1] |
114,600,000 Euro (2019) | |
−96,400,000 Euro (2019) | |
Total assets | 5,877,000,000 Euro (2019) |
Owner | Caisse des Dépôts et Consignations (66%) Rethmann Group (34%) |
Number of employees | 85,000 (2020)[2] |
Divisions | |
Website | www |
Transdev, formerly Veolia Transdev, is a France-based international private-sector company which operates public transport.[3] It has operations in 17 countries and territories as of November 2020.[2]
Transdev was formed on 3 April 2011 via the merger of Veolia Transport and Transdev S.A., being initially equally owned by Veolia Environnement and Caisse des Dépôts et Consignations (CDC), the former soon announced plans to divest its holding in the business. Early priorities of Transdev were to largely focus upon its four core markets (France, the Netherlands, Germany, and the United States) while disposing of its less profitable ventures based in most other countries to consolidate. At the time of merger, Transdev operated in 27 countries to varying extents. During January 2019, Veolia sold on its remaining 30% shareholding in Transdev to the Rethmann Group; the company has since integrated some of its subsidiaries with those of Transdev.