RATP Dev London Transit
RATP Dev London Transit is a joint venture in London consisting of RATP Dev's London Sovereign and London United with some of Kelsian Group's Tower Transit operations. It commenced on the 11th December 2021.
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| Industry | Transport |
|---|---|
| Founded | 11 December 2021 |
| Headquarters | , England |
| Owner | RATP Dev (87.5%) Kelsian Group (12.5%) |
Number of employees | 4,000 |
| Subsidiaries | London Sovereign London Transit London United |
History
In September 2021, RATP Dev and Kelsian Group announced they had agreed to form a joint venture to combine some of their Transport for London contracted bus operations. RATP will hold an 87.5% shareholding, with Kelsian owning 12.5%. RATP Dev London Transit (RDLT) will operate 1,250 buses on 115 routes from 10 garages.[1][2][3]
RDLT will combine all of RATP's London Sovereign and London United operations, with both to retain their existing brands, while Tower Transit's operations out of Westbourne Park garage will operate under the London Transit brand. Subject to being granted regulatory approval, RDLT is scheduled to commence on 11 December 2021.[1][2][4][5]
References
- 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
- RATP Dev and Tower Transit to form joint venture Bus & Coach Buyer 24 September 2021
- News flash RATP Dev
- Tower Transit and RATP to merge operations Buses issue 800 November 2021 page 24
