Veolia Transport
The Veolia Transport (formerly Connex ) is the former transport division of Veolia Environnement, who worked as an operator of public transport in different countries and since 2011, after merger with Transdev, initially under the name Veolia Transdev, since even repeated change of name in March 2013 only is active under Transdev.
Merger of Veolia Transport and Transdev
End of 2009, the merger of Veolia Transport with the French competitor Transdev Veolia Transdev was announced to. On the merged group Veolia Environnement and the main shareholder of Transdev, Caisse des Dépôts et Consignations, initially each hold 50 %; The group was originally to be listed or sold at a later date on the exchange. The merger of the two companies was finally completed in March 2011. In October 2012, a capital increase was announced, will increase by the Caisse des Dépôts et Consignations its stake to 60 % and the proportion of Veolia thus diluted to 40 %; Veolia Transdev, consequently, was renamed in March 2013 in Transdev.
Activities and background to Veolia Transport
Even before the merger was Veolia Transport in the European market leader in land-based private passenger. Worldwide 80 756 people were employed in 27 countries. Veolia promoted as a transport company with more than 24,000 vehicles last 236 rail and bus networks more than 2.5 billion passengers per year. The Veolia in the transport sector worldwide in 2010 generated sales amounted to 5.8 billion euros and an EBIT of 146 million euros.
The former freight area of Veolia Transport, Veolia Cargo, was sold in late 2009 to SNCF ( for the international activities of Veolia Cargo) and Euro tunnel (for the French activities ). The company was 188 million euros and 1,200 employees, the largest private company that was active in the European rail freight. In France, Veolia Cargo was the first private railway company at all, which made the state SNCF competition. The first trains ran in July 2006 for a glass factory and had to be protected by the police before the applied trade unionists. In Germany the former freight area of Veolia Transport operates today under the name Captrain Germany.