Formerly | |
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Company type | Subsidiary Private Limited Company |
ISIN | GB0003753778 |
Industry | Public transport |
Founded | 17 February 1987[1] |
Headquarters | Newcastle upon Tyne, England[1] |
Area served |
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Key people |
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Products | Bus and rail services |
Revenue | £4,058.5 million (2021)[2] |
£115.5 million (2021)[2] | |
£(40.7) million (2021)[2] | |
Number of employees | 30,573 (2021)[2] |
Parent | Kinetic Group (51%) Globalvia (49%) |
Website | go-ahead |
The Go-Ahead Group Limited is a multi-national transport group based in Newcastle upon Tyne, England. While the majority of its operations are within Great Britain, it also operates services in Ireland, Australia, Singapore, and Norway. Go-Ahead was formerly listed on the London Stock Exchange prior to being purchased by Kinetic Group and Globalvia by 2022.
The Go-Ahead Group was originally founded in February 1987 as Go-Ahead Northern Limited as part of the wider privatisation of the National Bus Company. Early expansion centred around the acquisition of several smaller competing bus operators in North East England and operating as a subcontractor to National Express; during the early 1990s, the Brighton & Hove, Oxford Bus Company, and London Central were all acquired. During May 1994, Go-Ahead was floated on the London Stock Exchange.
In October 1996, Go-Ahead entered the UK railway sector via the operation of the Thames Trains franchise. Via the Govia joint venture, it bid for additional rail franchises in Britain, securing the Thameslink and later the Southeastern and London Midland operations. During mid 2000, the French state-owned enterprise Caisse des Dépts-Développement (C3D) attempted a hostile takeover of Go-Ahead, which was successfully opposed by its management team.
In the late 1990s and early 2000s, Go-Ahead diversified into ground handling services at various British airports via the acquisition of Gatwick Handling International, British Midland, and Reed Aviation. During 2010, Go-Ahead disposed of its airport-based operations, the majority being sold to Dnata UK and Servisair. During the early 2010s, Go-Ahead acquired numerous other British transport companies, including Thames Travel, Carousel Buses, Hedingham, Anglian Bus, and HC Chambers & Son. During late 2015, it was contracted to operate bus and rail services in Germany and Singapore; in subsequent years, Go-Ahead also expanded into Ireland and Norway. On 28 September 2021, Britain's Department for Transport terminated Go-Ahead's Southeastern franchise after the discovery of financial misconduct. During August 2022, a consortium of Australia's Kinetic Group (51%) and Spain's Globalvia (49%) took over Go-Ahead, having valued the company at £669 million. During January 2023, it was announced that Go-Ahead was expanding into the Australian market via the U-Go Mobility joint venture with the engineering company UGL.