Industry | Transport |
---|---|
Founded | 1955 |
Defunct | 3 March 2011 |
Fate | merged |
Successor | Veolia Transdev |
Headquarters | , France |
Products | Public transport |
Revenue | €2.5 billion (2010) |
Owner | Caisse des Dépôts et Consignations RATP Sanpaolo IMI |
Number of employees | 47,000 (2010) |
Website | www.transdev.eu |
Transdev was an international public transport group based in Issy-les-Moulineaux near Paris, France, and operating in several countries. Originally created as Société centrale pour l'équipement du territoire in 1955 and developing transportation activities since 1973, Transdev was a subsidiary Caisse des Dépôts et Consignations, a French state-owned financial institution.[1] On 3 March 2011, the group merged with Veolia Transport, one of its main competitors, into Veolia Transdev.[2] During 2013, Veolia Transdev was renamed Transdev, recognising the planned withdrawal of Veolia Environnement from ownership of the group.
As part of this merger, the RATP Group, a minority shareholder in Transdev, took direct ownership of a number of former Transdev operations in lieu of a cash payment.[3][4][5]
Transdev was also a shareholder of Transamo, a transport engineering and consultancy firm in Europe, which specialises in the project management of public transport projects in France.[6] It was passed onto Veolia Transdev after the merger. Société de Transports intercommunaux de Bruxelles (STIB) is the other major shareholder of Transamo.[7]