RATP Dev Transit London is a
joint venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and economic risk, risks, and shared governance. Companies typically pursue joint ventures for one of four rea ...
between
RATP Dev RATP may refer to:
Transportation:
* RATP Group, or ', a public transport operator based in Paris, France
* RATP Iași (), a transit operator responsible for public transportation in Iași, Romania
* RATP Ploiești (), a transit operator respon ...
and
Kelsian Group
Kelsian Group, formerly SeaLink Travel Group, is an Australian public company that operates transport services in Australia, United Kingdom and Singapore.
History
In 1989, the business was founded with the purchase of the Kangaroo Island SeaLink ...
in
London
London is the capital and largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a majo ...
. It owns the London bus companies of
London Sovereign
London Sovereign is a bus company in North London. It is a subsidiary of RATP Dev Transit London and operates buses under contract to Transport for London.
Company history
London Sovereign can trace its roots back to independent Borehamwood ...
,
London United and London Transit. It commenced on 11 December 2021.
History
In September 2021,
RATP Dev RATP may refer to:
Transportation:
* RATP Group, or ', a public transport operator based in Paris, France
* RATP Iași (), a transit operator responsible for public transportation in Iași, Romania
* RATP Ploiești (), a transit operator respon ...
and SeaLink Travel Group (now
Kelsian Group
Kelsian Group, formerly SeaLink Travel Group, is an Australian public company that operates transport services in Australia, United Kingdom and Singapore.
History
In 1989, the business was founded with the purchase of the Kangaroo Island SeaLink ...
) announced they had agreed to form a
joint venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and economic risk, risks, and shared governance. Companies typically pursue joint ventures for one of four rea ...
to combine some of their
Transport for London contracted bus operations. RATP hold an 87.5% shareholding, with Kelsian owning 12.5%. RATP Dev Transit London (RDTL) commenced with 1,250 buses on 115
routes from 10
garages.
[SeaLink Enters Binding Joint Venture Agreement for West London Bus Operations]
SeaLink Travel Group 22 September 2021[RATP Dev and Tower Transit to form West London JV]
''Route One'' 23 September 2021
RDTL combined all of RATP's
London Sovereign
London Sovereign is a bus company in North London. It is a subsidiary of RATP Dev Transit London and operates buses under contract to Transport for London.
Company history
London Sovereign can trace its roots back to independent Borehamwood ...
and
London United operations, with both retaining their existing brands, while
Tower Transit
A tower is a tall structure, taller than it is wide, often by a significant factor. Towers are distinguished from masts by their lack of guy-wires and are therefore, along with tall buildings, self-supporting structures.
Towers are specific ...
's operations out of
Westbourne Park garage operate under the London Transit brand. RDTL trading commenced on 11 December 2021.
RATP Dev London JV begins operation
''Route One'' 13 December 2021
References
{{Transit Systems
Companies based in London
RATP Group
Transport companies established in 2021
2021 establishments in England