Transdev

Transdev Group SA (formerly Veolia Transdev) is a French multinational corporation which operates public transport services. It has operations in 17 countries and territories as of November 2020. Transdev was formed on April 3, 2011 from 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 focus on 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.