Transdev Sweden acquires A Björks AB to become Sweden’s third largest public transportation operator

2019.29.07

Transdev Sweden signed on July 25 an agreement to acquire 100% of the shares in A Björks AB, a Swedish public transportation operator. With this acquisition, Transdev is strengthening its position as the third largest public transportation operator in Sweden with annual revenues of approximately €570 million and over 6,000 employees. The parties have agreed on the terms and are now expecting the final approval of Konkurrensverket, the Swedish competition authority. The acquisition is expected to be completed in September 2019. The parties have agreed not to disclose the value of the transaction.

Press contact

Olivier Le Friec
Head of External Relations
+33 (0)6 10 60 58 45

A Björks AB consists of eight companies and brands: Björks Buss, Björks Buss Närke, VS & Perssons Bussar, KR Trafik, Siljan Buss and Lindbergs Buss, SamBus and BTL, including the train maintenance services 24/7. Most of the operations are located in Central and Northern Sweden. With its 1,500 employees and 650 vehicles, A Björks AB is the leading player in Dalarna, Västmanland, Uppland and Gävleborg.

Transdev is today one of the largest mobility operators in Sweden offering transportation by bus, coach, train, light rail and ferry. The acquisition further strengthens Transdev´s position as the third largest public transportation operator in Sweden, with new services and new submarkets, mainly in the bus and coach markets.

Press release

Download

For the clients, this acquisition by Transdev means partnering with a leading international multimodal player investing heavily in new mobility solutions: personalized, autonomous, connected and electric & eco-friendly.

With the acquisition of A Björks AB, Transdev is further reinforcing its foothold in Sweden – in particular in the Central and Northern regions. The acquisition is highly complementary in terms of regional presence and services offered. With this transaction, we see significant potential synergies and opportunities to develop our transportation offer, which prepares Transdev for sustained organic growth.

Thierry Mallet, Chairman and CEO of Transdev Group

This acquisition clearly positions Transdev among the top three players in the Swedish public transportation field. We will continue accelerating on our recent stream of commercial successes in Stockholm and Göteborg. We are eager to start meeting our new clients and partners and welcoming all new employees to Transdev. Our technology focus will see in particular a growing share of electric buses in our networks, further contributing to the reduction of our carbon footprint,” underlines Christian Schreyer, CEO Northern and Central Europe of Transdev Group.

As soon as the deal will be completed, Transdev will start the integration and communication process to ensure that all Transdev Sweden employees are well-informed on the way forward for the Group’s sustained development in Sweden.

About Transdev:

As an operator and global integrator of mobility, Transdev – The mobility company – gives people the freedom to move whenever and however they choose. We are proud to provide 11 million passenger trips everyday thanks to efficient, easy to use and environmentally-friendly transportation services that connect people and communities. Our approach is rooted in long-term partnerships with businesses and public authorities, and in the relentless pursuit of the safest and most innovative mobility solutions. We are a team of people serving people, and mobility is what we do. Transdev is jointly held by Caisse des Dépôts Group (66%) and the RETHMANN Group (34%). In 2018, with 82,000 employees in 18 countries, the Group generated total revenues of 6.9 billion euros.

For more information: www.transdev.com or download the MY Transdev app from the App Store or Google Play.

How can we help you to move forward?