Transport UK Group
   HOME

TheInfoList



OR:

Transport UK Group (TUK) is a British transport operator which operates services in England. It commenced operations in February 2023 when it purchased the British assets of
Abellio Abellio (also Abelio and Abelionni) was a god worshiped in the Garonne Valley in Gallia Aquitania (now southwest France), known primarily by a number of inscriptions which were discovered in Comminges, in the Pyrenees. He may have been a god ...
via a
management buyout A management buyout (MBO) is a form of acquisition in which a company's existing managers acquire a large part, or all, of the company, whether from a parent company or individual. Management- and/or leveraged buyouts became noted phenomena of 19 ...
.


History

In August 2022,
Abellio Abellio (also Abelio and Abelionni) was a god worshiped in the Garonne Valley in Gallia Aquitania (now southwest France), known primarily by a number of inscriptions which were discovered in Comminges, in the Pyrenees. He may have been a god ...
agreed terms to sell its United Kingdom subsidiaries in
management buyout A management buyout (MBO) is a form of acquisition in which a company's existing managers acquire a large part, or all, of the company, whether from a parent company or individual. Management- and/or leveraged buyouts became noted phenomena of 19 ...
led by managing director Dominic Booth, subject to approval by the
Office of Rail and Road The Office of Rail and Road (ORR) is a non-ministerial government department responsible for the economic and safety regulation of Britain's railways, and the economic monitoring of National Highways. ORR regulates Network Rail by setting its ...
and partner organisations
Merseytravel Merseytravel is a public transport body and the passenger transport executive of the Liverpool City Region Combined Authority responsible for delivering Public transport and other transport functions in the Liverpool City Region. It was origin ...
and
Transport for London Transport for London (TfL) is a local government body responsible for most of the transport network in London, United Kingdom. TfL is the successor organization of the London Passenger Transport Board, which was established in 1933, and His ...
(TfL). The deal was completed when final approvals were received in February 2023.


Subsidiaries

Transport UK Group operates the following subsidiaries: *
East Midlands Railway East Midlands Railway (EMR; legally Transport UK East Midlands Limited) is a British train operating company owned by Transport UK Group, and is the current operator of the East Midlands franchise. Originally owned by Abellio (transport compan ...
, operates the East Midlands franchise under contract to the
Department for Transport The Department for Transport (DfT) is a Departments of the Government of the United Kingdom, ministerial department of the Government of the United Kingdom. It is responsible for the English transport network and a limited number of transport ...
(DfT) * Greater Anglia (60% shareholding alongside Mitsui & Co.), operates the East Anglia franchise under contract to the DfT *
Merseyrail Merseyrail is a commuter rail network which serves Merseyside and adjacent areas of Cheshire and Lancashire in the North West England, North West of England. Merseyrail serves 69 Railway station, stations, 67 of which it manages, across two lin ...
(50% shareholding alongside Serco), operates the concession under contract to Merseytravel *
Transport UK London Bus Transport UK London Bus, formerly Abellio London, is a bus company operating services under contract to Transport for London in Greater London, England. History The origins of Transport UK London Bus can be traced back to June 1998, when Nat ...
, operates bus services under contract to TfL * West Midlands Trains, (85% shareholding alongside
Mitsui is a Japanese corporate group and '' keiretsu'' that traces its roots to the ''zaibatsu'' groups that were dissolved after World War II. Unlike the ''zaibatsu'' of the pre-war period, there is no controlling company with regulatory power. Ins ...
), operates the West Midlands franchise under contract to the DfT and Transport for West Midlands


References


External links

* {{Major UK Transport Companies, state=collapsed Transport operators in London Companies formed by management buyout Transport companies established in 2023 2023 establishments in England