Transdev Group, the world leader in mobility with operations in 19 countries, has completed the acquisition of First Transit, one of the largest private-sector operators of mobility solutions in North America. After receiving all necessary regulatory approvals in the U.S. and in Canada, Transdev and First Transit now officially form part of the same company.
This transaction, announced on October 26, 2022, makes Transdev the leading operator of safe, cost-effective and environmentally-friendly public transportation services, in the United States and in Canada, across a variety of transit modes, including fixed route bus systems, paratransit, shuttle services, rail, light rail and fleet maintenance.
With the North American public transit market expected to benefit from steady growth over the next five years – and stronger prospects for paratransit, shuttle services and fixed route bus systems – Transdev is confident that these tailwinds will support a significant growth of its business in the region. With complementary business activities and geographical footprints both in the U.S. and Canada, and limited client overlap, this strategic move will be a positive step for our passengers and clients, with an offer enriched by the know-how of the teams of both companies.
This strategic move is fully aligned with Transdev Group’s “Moving Green” global decarbonization strategy, deployed globally across its operations, which targets a 30% reduction in greenhouse gas emissions per kilometer and a 50% increase in alternative fuel on bus and coach fleets (gas, biogas, biofuels, electric, hydrogen) between 2018 and 2030.
Check all the details on Transdev Group webpage.