Keolis has completed its acquisition of Downer’s shares in the Keolis Downer joint venture and is now the sole shareholder of its Australian operations.
The public transport operator and integrator will now be rebranded to operate as Keolis.
Laurence Broseta, Keolis Group International CEO, said Keolis is proud to deepen its commitment to Australia, a strategic market for the group’s international growth, and excited to begin this new chapter.
“This new structure gives us the agility to pursue new opportunities, form targeted partnerships to accelerate our development and strengthen our partnerships with public transport authorities,” she said.
“We look forward to continuing to deliver efficient, sustainable, and passenger-focused mobility solutions.”
David Franks, CEO of Keolis in Australia, added: “This is a significant moment for our team and the communities we serve.
“We are excited to move forward as Keolis, building on our legacy and embracing new opportunities to grow and innovate.
“Our focus remains on delivering exceptional service and working closely with our partners to shape the future of public transport in Australia.”
Keolis has more than 3500 employees in Australia and a presence in five states, enabling 100 million passenger journeys each year.
It operates and maintains the light rail network on the Gold Coast (G:link), the integrated transport network with light rail, bus and ferry in Newcastle and more than 1300 buses in New South Wales, Western Australia, South Australia and Queensland.
It also delivers customer service functions and maintains the fleet and infrastructure for the Adelaide Metro train services.
Keolis was established in France and is 70 per cent owned by SNCF, and 30 per cent owned by La Caisse (Quebec Deposit and Fund).
